£555,010
This estimated value is based upon the latest sale price for the house of £545,000 on 4 Aug 2023. 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 |
|---|---|
| £545,000 | 4 Aug 2023 |
| £327,500 | 10 Sep 2013 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 August 2023 the House Price Index for GREATER MANCHESTER was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £545,000 results in an estimated price of approximately £555,010.
| 4 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £545,000 | £10,010 | £555,010 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 87.015 % | £474,231 | £1,019,231 |
| 3 Month Average | 18.141 % | £98,865 | £643,865 |
| 6 Month Average | -8.540 % | £-46,541 | £498,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £295,000 | £295,000 | 80 SCHOOL LANE |
| 13 Dec 2023 | £464,266 | £450,000 | 14 CATTERICK ROAD |
| 22 Sep 2023 | £443,272 | £433,500 | 11 CATTERICK ROAD |
| 29 Aug 2023 | £317,731 | £312,000 | 5 WHITEHALL ROAD |
| 4 Aug 2023 | £555,010 | £545,000 | 101 SCHOOL LANE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 2 May 2013. Using an estimated price of £555,010 means this house is valued at £4,111 per sq meter (£381 per sq foot).
The average size of a house on SCHOOL LANE is 77 sq meters (838 sq feet).