£371,412
This estimated value is based upon the latest sale price for the house of £123,000 on 25 Mar 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£123,000 | 25 Mar 2002 |
Detached |
Leasehold |
Floor Area: 51 sq meters or 548 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 March 2002 the House Price Index for GREATER MANCHESTER was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £123,000 results in an estimated price of approximately £371,412.
25 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.2 | 148.6 | 201.961 % | £123,000 | £248,412 | £371,412 |
The Postcode Pricing Model uses changes in average sales price within the WN7 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 | 284.329 % | £349,724 | £472,724 |
3 Month Average | 189.097 % | £232,589 | £355,589 |
6 Month Average | 218.851 % | £269,186 | £392,186 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £65,842 | £65,000 | 12 KNOWSLEY STREET |
17 Feb 2023 | £104,929 | £105,000 | 6 KEARSLEY STREET |
11 Oct 2022 | £118,722 | £120,000 | 16 PILLING STREET |
15 Sep 2022 | £119,039 | £120,000 | 251 TWIST LANE |
25 Aug 2022 | £149,597 | £150,000 | 192 TWIST LANE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 6 Nov 2018. Using an estimated price of £371,413 means this house is valued at £7,282 per sq meter (£676 per sq foot).
The average size of a house on SANDERSON STREET is 59 sq meters (635 sq feet).
This house is the largest in the street with a floor area of 51 sq meters (548 sq feet).