£221,907
This estimated value is based upon the latest sale price for the house of £190,000 on 30 Nov 2020. 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 |
---|---|
£190,000 | 30 Nov 2020 |
£135,000 | 31 Jan 2017 |
£111,500 | 30 Oct 2015 |
£122,950 | 9 Sep 2004 |
£32,500 | 19 Jan 2001 |
Terraced |
Freehold |
Floor Area: 93 sq meters or 1,001 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 November 2020 the House Price Index for GREATER MANCHESTER was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £190,000 results in an estimated price of approximately £221,907.
30 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 149.7 | 16.794 % | £190,000 | £31,907 | £221,907 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 122.450 % | £232,654 | £422,654 |
3 Month Average | 45.288 % | £86,046 | £276,046 |
6 Month Average | 25.957 % | £49,319 | £239,319 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jul 2024 | £124,000 | £124,000 | 40 HORTON ROAD |
3 Nov 2023 | £184,688 | £180,000 | 70 HORTON ROAD |
9 Oct 2023 | £221,020 | £216,000 | 21 HORTON ROAD |
11 Aug 2023 | £198,582 | £195,000 | 12 THORNTON ROAD |
2 Aug 2023 | £198,582 | £195,000 | 35 THORNTON ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 21 Oct 2016. Using an estimated price of £221,908 means this house is valued at £2,386 per sq meter (£221 per sq foot).
The average size of a house on THORNTON ROAD is 69 sq meters (743 sq feet).