£150,808
This estimated value is based upon the latest sale price for the house of £122,000 on 10 May 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£122,000 | 10 May 2019 |
£110,000 | 16 Apr 2010 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 May 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £122,000 results in an estimated price of approximately £150,808.
10 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.614 % | £122,000 | £28,808 | £150,808 |
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 | 101.292 % | £123,576 | £245,576 |
3 Month Average | 43.886 % | £53,540 | £175,540 |
6 Month Average | 27.889 % | £34,024 | £156,024 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2023 | £116,015 | £115,000 | APARTMENT 28 TRENCHERFIELD MILL HERITAGE WAY |
28 Jul 2023 | £85,146 | £84,000 | APARTMENT 20 MILLSIDE HERITAGE WAY |
28 Jan 2022 | £94,717 | £90,000 | APARTMENT 33 TRENCHERFIELD MILL HERITAGE WAY |
8 Oct 2021 | £135,544 | £122,500 | APARTMENT 46 TRENCHERFIELD MILL HERITAGE WAY |
4 Dec 2020 | £137,726 | £120,000 | APARTMENT 43 TRENCHERFIELD MILL HERITAGE WAY |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 15 Jan 2019. Using an estimated price of £150,809 means this house is valued at £2,065 per sq meter (£191 per sq foot).
The average size of a house on HERITAGE WAY is 62 sq meters (668 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | On or near Wigan North Western (Station) |