£180,163
This estimated value is based upon the latest sale price for the house of £145,000 on 19 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£145,000 | 19 Jul 2019 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 July 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £145,000 results in an estimated price of approximately £180,163.
19 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £145,000 | £35,163 | £180,163 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | 22.251 % | £32,264 | £177,264 |
3 Month Average | 50.033 % | £72,547 | £217,547 |
6 Month Average | 45.125 % | £65,431 | £210,431 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £198,043 | £195,000 | 210 SOMERTON ROAD |
27 Oct 2023 | £230,229 | £225,000 | 174 SOMERTON ROAD |
14 Sep 2023 | £189,170 | £185,000 | 15 SOUTHLEIGH DRIVE |
11 Sep 2023 | £265,810 | £259,950 | 196 SOMERTON ROAD |
28 Jul 2022 | £98,487 | £97,500 | 188 SOMERTON ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 4 Mar 2019. Using an estimated price of £180,163 means this house is valued at £2,402 per sq meter (£223 per sq foot).
The average size of a house on SALCOMBE GROVE is 110 sq meters (1,190 sq feet).
This house is the largest in the street with a floor area of 75 sq meters (807 sq feet).