£167,581
This estimated value is based upon the latest sale price for the house of £38,000 on 24 Jun 1999. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £38,000 | 24 Jun 1999 |
| Semi-Detached |
| Leasehold |
| Floor Area: 88 sq meters or 947 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 1999 the House Price Index for GREATER MANCHESTER was 33.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 341.003%.Applying this 341.003% change to the original purchase price of £38,000 results in an estimated price of approximately £167,581.
| 24 Jun 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 149.7 | 341.003 % | £38,000 | £129,581 | £167,581 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 373.132 % | £141,789 | £179,789 |
| 3 Month Average | 550.457 % | £209,173 | £247,173 |
| 6 Month Average | 580.226 % | £220,485 | £258,485 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £316,988 | £310,000 | 27 CEDRIC ROAD |
| 9 Jun 2022 | £250,352 | £245,000 | 9 EDILOM ROAD |
| 16 May 2022 | £279,789 | £272,500 | 44 CEDRIC ROAD |
| 29 Apr 2022 | £295,665 | £285,000 | 12 CEDRIC ROAD |
| 22 Dec 2021 | £129,517 | £120,000 | FLAT 1 KENSINGTON PLACE, 22 MELTON ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 17 Mar 2020. Using an estimated price of £167,581 means this house is valued at £1,904 per sq meter (£176 per sq foot).
The average size of a house on EDILOM ROAD is 99 sq meters (1,071 sq feet).