£116,102
This estimated value is based upon the latest sale price for the house of £89,950 on 8 Jun 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£89,950 | 8 Jun 2017 |
Terraced |
Leasehold |
Floor Area: 104 sq meters or 1,119 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 June 2017 the House Price Index for GREATER MANCHESTER was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £89,950 results in an estimated price of approximately £116,102.
8 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 149.7 | 29.074 % | £89,950 | £26,152 | £116,102 |
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 | 7.468 % | £6,717 | £96,667 |
3 Month Average | 43.668 % | £39,278 | £129,228 |
6 Month Average | 38.595 % | £34,716 | £124,666 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Oct 2023 | £117,673 | £115,000 | 17 SELBOURNE STREET |
7 Mar 2023 | £122,038 | £120,000 | 9 ORCHARD LANE |
1 Nov 2022 | £159,255 | £160,000 | 337 LEIGH ROAD |
28 Sep 2022 | £129,913 | £130,000 | 728 LEIGH ROAD |
1 Jul 2022 | £126,265 | £125,000 | 343 LEIGH ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 12 Aug 2013. Using an estimated price of £116,102 means this house is valued at £1,116 per sq meter (£103 per sq foot).
The average size of a house on LEIGH ROAD is 94 sq meters (1,013 sq feet).