£117,806
This estimated value is based upon the latest sale price for the house of £95,500 on 4 Dec 2018. 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 |
|---|---|
| £95,500 | 4 Dec 2018 |
| £80,000 | 13 Apr 2015 |
| Terraced |
| Leasehold |
| Floor Area: 103 sq meters or 1,108 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 December 2018 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £95,500 results in an estimated price of approximately £117,806.
| 4 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £95,500 | £22,306 | £117,806 |
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 | -52.566 % | £-50,200 | £45,299 |
| 3 Month Average | 31.347 % | £29,936 | £125,436 |
| 6 Month Average | 43.302 % | £41,353 | £136,853 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jul 2023 | £192,592 | £190,000 | 1 MAURICE PARISER WALK |
| 6 Jun 2023 | £313,801 | £310,000 | 62 BURY OLD ROAD |
| 3 Mar 2023 | £122,151 | £121,000 | 22 COPTHALL LANE |
| 28 Feb 2023 | £549,630 | £550,000 | 585 - 587 CHEETHAM HILL ROAD |
| 10 Nov 2022 | £306,290 | £310,000 | 9 UNION TERRACE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 31 Jul 2014. Using an estimated price of £117,807 means this house is valued at £1,143 per sq meter (£106 per sq foot).
There is one other house on the street which we know the size of, this is 1A COPTHALL LANE it is 81.0