£155,804
This estimated value is based upon the latest sale price for the house of £114,500 on 31 Mar 2016. 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 |
---|---|
£114,500 | 31 Mar 2016 |
£87,500 | 10 Oct 2003 |
£40,000 | 2 Jun 2000 |
£32,200 | 24 May 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 March 2016 the House Price Index for GREATER MANCHESTER was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £114,500 results in an estimated price of approximately £155,804.
31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £114,500 | £41,304 | £155,804 |
The Postcode Pricing Model uses changes in average sales price within the M15 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 | 129.391 % | £148,152 | £262,652 |
3 Month Average | 68.342 % | £78,251 | £192,751 |
6 Month Average | 58.206 % | £66,645 | £181,145 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £51,585 | £50,000 | 107A CHORLTON ROAD |
20 Jun 2023 | £218,376 | £214,000 | 5 NASH STREET |
1 Feb 2023 | £200,842 | £199,500 | 3 NASH STREET |
21 Oct 2022 | £221,261 | £222,000 | 121 CHORLTON ROAD |
10 Mar 2022 | £204,611 | £196,000 | 4 NASH STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 23 Oct 2019. Using an estimated price of £155,804 means this house is valued at £2,939 per sq meter (£273 per sq foot).
The average size of a house on CHORLTON ROAD is 68 sq meters (740 sq feet).