£344,053
This estimated value is based upon the latest sale price for the house of £259,000 on 9 Sep 2016. 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 |
|---|---|
| £259,000 | 9 Sep 2016 |
| £45,000 | 7 Nov 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 120 sq meters or 1,291 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 2016 the House Price Index for GREATER MANCHESTER was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £259,000 results in an estimated price of approximately £344,053.
| 9 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £259,000 | £85,053 | £344,053 |
The Postcode Pricing Model uses changes in average sales price within the M16 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 | -0.853 % | £-2,208 | £256,791 |
| 3 Month Average | 34.221 % | £88,632 | £347,632 |
| 6 Month Average | 37.890 % | £98,135 | £357,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £356,233 | £350,000 | 45 LEIGHTON ROAD |
| 3 Aug 2023 | £388,398 | £385,000 | 50 AUBURN ROAD |
| 30 Jun 2023 | £450,456 | £445,000 | 41 AUBURN ROAD |
| 9 Jun 2023 | £496,008 | £490,000 | 36 LEIGHTON ROAD |
| 15 Jul 2022 | £340,918 | £340,000 | 5 LEIGHTON ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 11 Aug 2016. Using an estimated price of £344,053 means this house is valued at £2,867 per sq meter (£266 per sq foot).
The average size of a house on LEIGHTON ROAD is 128 sq meters (1,378 sq feet).