£153,573
This estimated value is based upon the latest sale price for the house of £30,000 on 31 Jul 1997. 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 |
---|---|
£30,000 | 31 Jul 1997 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 602 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 July 1997 the House Price Index for GREATER MANCHESTER was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £30,000 results in an estimated price of approximately £153,573.
31 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.2 | 149.7 | 411.913 % | £30,000 | £123,573 | £153,573 |
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 | 533.878 % | £160,163 | £190,163 |
3 Month Average | 440.437 % | £132,131 | £162,131 |
6 Month Average | 373.614 % | £112,084 | £142,084 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £422,998 | £410,000 | 49 ELM GROVE |
30 Nov 2023 | £425,809 | £415,000 | 14 KNIGHT STREET |
23 Nov 2023 | £384,767 | £375,000 | 15 RUSHTON STREET |
10 Nov 2023 | £513,023 | £500,000 | 21 RUSHTON STREET |
9 Mar 2023 | £409,527 | £402,688 | 20 RUSHTON STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 25 Nov 2014. Using an estimated price of £153,574 means this house is valued at £2,742 per sq meter (£254 per sq foot).
The average size of a house on KNIGHT STREET is 68 sq meters (736 sq feet).