£98,444
This estimated value is based upon the latest sale price for the house of £95,000 on 21 Mar 2022. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£95,000 | 21 Mar 2022 |
£67,500 | 10 Sep 2015 |
£90,000 | 14 Nov 2006 |
£48,000 | 30 Aug 2002 |
£21,000 | 9 May 2002 |
Terraced |
Leasehold |
Floor Area: 83 sq meters or 893 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 2022 the House Price Index for GREATER MANCHESTER was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £95,000 results in an estimated price of approximately £98,444.
21 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £95,000 | £3,444 | £98,444 |
The Postcode Pricing Model uses changes in average sales price within the BL3 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 | 22.718 % | £21,581 | £116,581 |
3 Month Average | 14.969 % | £14,220 | £109,220 |
6 Month Average | 23.283 % | £22,118 | £117,118 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £116,489 | £115,000 | 503 WIGAN ROAD |
27 Jan 2023 | £151,287 | £152,000 | 25 CHIP HILL ROAD |
29 Jul 2022 | £180,486 | £180,000 | 7 CHIP HILL ROAD |
4 Jul 2022 | £190,513 | £190,000 | 72 PLATT HILL AVENUE |
21 Mar 2022 | £98,445 | £95,000 | 497 WIGAN ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 20 Nov 2015. Using an estimated price of £98,445 means this house is valued at £1,186 per sq meter (£110 per sq foot).
The average size of a house on WIGAN ROAD is 97 sq meters (1,052 sq feet).