£111,056
This estimated value is based upon the latest sale price for the house of £88,000 on 20 Oct 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £88,000 | 20 Oct 2017 |
| £85,000 | 30 Nov 2012 |
| £95,000 | 11 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 821 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER MANCHESTER to estimate the market value.
When this house was purchased in October 2017 the House Price Index for GREATER MANCHESTER was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £88,000 results in an estimated price of approximately £111,056.
| 20 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £88,000 | £23,056 | £111,056 |
The Postcode Pricing Model uses changes in average sales price within the WN3 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 81.428 % | £71,656 | £159,656 |
| 3 Month Average | 41.935 % | £36,902 | £124,902 |
| 6 Month Average | 23.804 % | £20,947 | £108,947 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £80,023 | £79,000 | 47 APPLETON GROVE |
| 1 Sep 2023 | £107,373 | £106,000 | 77 LITTLE LANE |
| 31 Aug 2023 | £186,633 | £185,000 | 52 APPLETON GROVE |
| 24 Feb 2023 | £204,862 | £205,000 | 4 APPLETON GROVE |
| 23 Nov 2022 | £89,911 | £91,000 | 20 APPLETON GROVE |
This house has a floor area of 76 sq meters or 821 sq feet when measured on 25 Mar 2011. Using an estimated price of £111,056 means this house is valued at £1,455 per sq meter (£135 per sq foot).
The average size of a house on LITTLE LANE is 92 sq meters (995 sq feet).