£118,429
This estimated value is based upon the latest sale price for the house of £59,900 on 23 Jun 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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| Price Paid | Date |
|---|---|
| £59,900 | 23 Jun 2004 |
| Terraced |
| Leasehold |
| Floor Area: 105 sq meters or 1,130 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 June 2004 the House Price Index for GREATER MANCHESTER was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £59,900 results in an estimated price of approximately £118,429.
| 23 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £59,900 | £58,529 | £118,429 |
The Postcode Pricing Model uses changes in average sales price within the WN4 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 | 39.063 % | £23,398 | £83,298 |
| 3 Month Average | 82.720 % | £49,549 | £109,449 |
| 6 Month Average | 74.279 % | £44,493 | £104,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £187,374 | £187,500 | 19 KING GEORGE CLOSE |
| 27 Jan 2023 | £168,208 | £169,000 | 8 KING GEORGE CLOSE |
| 13 Sep 2022 | £154,750 | £156,000 | FLAT, 53 GERARD STREET |
| 31 May 2022 | £483,103 | £474,000 | 19 BOLTON ROAD |
| 18 May 2022 | £133,516 | £131,000 | 32 PRINCESS ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 17 Nov 2021. Using an estimated price of £118,429 means this house is valued at £1,127 per sq meter (£104 per sq foot).