£209,615
This estimated value is based upon the latest sale price for the house of £168,500 on 17 Sep 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£168,500 | 17 Sep 2018 |
£150,000 | 31 Mar 2016 |
£100,000 | 19 Dec 2001 |
Terraced |
Freehold |
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 September 2018 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £168,500 results in an estimated price of approximately £209,615.
17 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.401 % | £168,500 | £41,115 | £209,615 |
The Postcode Pricing Model uses changes in average sales price within the BL7 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 | 64.145 % | £108,083 | £276,583 |
3 Month Average | 21.332 % | £35,944 | £204,444 |
6 Month Average | 32.409 % | £54,609 | £223,109 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £259,989 | £252,000 | 16 THREADFOLD WAY |
7 Dec 2023 | £152,176 | £147,500 | 105 VALLEY MILL |
20 Oct 2023 | £148,370 | £145,000 | 304 VALLEY MILL |
2 Oct 2023 | £149,905 | £146,500 | 306 VALLEY MILL |
25 Aug 2022 | £176,324 | £175,500 | 116 VALLEY MILL |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 26 Apr 2014. Using an estimated price of £209,615 means this house is valued at £2,871 per sq meter (£266 per sq foot).
The average size of a house on WAKEFIELD MEWS is 123 sq meters (1,327 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).