£188,612
This estimated value is based upon the latest sale price for the house of £49,500 on 30 May 2000. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£49,500 | 30 May 2000 |
£41,000 | 22 May 1998 |
Semi-Detached |
Leasehold |
Floor Area: 80 sq meters or 864 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 2000 the House Price Index for GREATER MANCHESTER was 39.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 281.036%.Applying this 281.036% change to the original purchase price of £49,500 results in an estimated price of approximately £188,612.
30 May 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
39.3 | 149.7 | 281.036 % | £49,500 | £139,112 | £188,612 |
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 | 215.364 % | £106,605 | £156,105 |
3 Month Average | 310.619 % | £153,756 | £203,256 |
6 Month Average | 297.512 % | £147,268 | £196,768 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Feb 2023 | £241,614 | £240,000 | 38 HENDON STREET |
8 Aug 2022 | £197,925 | £197,000 | 10 RINGWAY AVENUE |
31 May 2022 | £189,949 | £185,000 | 1 NEWHAVEN AVENUE |
26 May 2022 | £179,681 | £175,000 | 645 LEIGH ROAD |
26 May 2022 | £231,019 | £225,000 | 1 NORTHOLT AVENUE |
This house has a floor area of 80 sq meters or 864 sq feet when measured on 19 Oct 2009. Using an estimated price of £188,613 means this house is valued at £2,349 per sq meter (£218 per sq foot).
The average size of a house on NEWHAVEN AVENUE is 97 sq meters (1,046 sq feet).