£203,037
This estimated value is based upon the latest sale price for the house of £162,500 on 8 Feb 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 |
---|---|
£162,500 | 8 Feb 2018 |
£73,000 | 29 Aug 2003 |
£32,500 | 24 Mar 2000 |
£18,000 | 13 Oct 1999 |
Terraced |
Leasehold |
Floor Area: 105 sq meters or 1,130 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 February 2018 the House Price Index for GREATER MANCHESTER was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £162,500 results in an estimated price of approximately £203,037.
8 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.6 | 24.946 % | £162,500 | £40,537 | £203,037 |
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 | -6.736 % | £-10,945 | £151,554 |
3 Month Average | 3.872 % | £6,291 | £168,791 |
6 Month Average | 22.113 % | £35,933 | £198,433 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £178,116 | £175,000 | 24 GRANDALE STREET |
24 Nov 2023 | £182,705 | £180,000 | 26 FLEESON STREET |
21 Jul 2023 | £81,091 | £80,000 | 11 FLEESON STREET |
23 Feb 2023 | £239,839 | £240,000 | 5 HIBBERT STREET |
9 Mar 2022 | £182,382 | £176,000 | 14 RAVENSDALE STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 14 Apr 2018. Using an estimated price of £203,037 means this house is valued at £1,933 per sq meter (£179 per sq foot).
The average size of a house on HIBBERT STREET is 111 sq meters (1,202 sq feet).