£324,485
This estimated value is based upon the latest sale price for the house of £190,000 on 24 Sep 2010. 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 | 24 Sep 2010 |
£165,000 | 22 Jan 2004 |
£115,000 | 21 Mar 2003 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 966 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 2010 the House Price Index for GREATER MANCHESTER was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.782%.Applying this 70.782% change to the original purchase price of £190,000 results in an estimated price of approximately £324,485.
24 Sep 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 149.7 | 70.782 % | £190,000 | £134,485 | £324,485 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 115.287 % | £219,044 | £409,044 |
3 Month Average | 81.667 % | £155,167 | £345,167 |
6 Month Average | 69.858 % | £132,730 | £322,730 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £270,000 | £270,000 | 47 ROEBUCK LANE |
6 Dec 2023 | £412,681 | £400,000 | 108 URBAN ROAD |
31 Oct 2023 | £272,693 | £266,500 | 49 ROEBUCK LANE |
27 Oct 2023 | £339,716 | £332,000 | 43 ROEBUCK LANE |
23 Jun 2023 | £484,714 | £475,000 | 90 URBAN ROAD |
This house has a floor area of 89 sq meters or 966 sq feet when measured on 6 Aug 2009. Using an estimated price of £324,486 means this house is valued at £3,613 per sq meter (£335 per sq foot).
The average size of a house on URBAN ROAD is 104 sq meters (1,127 sq feet).