£285,290
This estimated value is based upon the latest sale price for the house of £52,500 on 9 Dec 1996. 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 |
---|---|
£52,500 | 9 Dec 1996 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 December 1996 the House Price Index for GREATER MANCHESTER was 27.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 443.410%.Applying this 443.410% change to the original purchase price of £52,500 results in an estimated price of approximately £285,290.
9 Dec 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.5 | 149.7 | 443.410 % | £52,500 | £232,790 | £285,290 |
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 | 545.686 % | £286,484 | £338,984 |
3 Month Average | 464.771 % | £244,004 | £296,504 |
6 Month Average | 425.914 % | £223,604 | £276,104 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £470,690 | £460,000 | 21 MARSLAND ROAD |
18 Oct 2023 | £414,412 | £405,000 | 16 VICTORIA ROAD |
8 Sep 2023 | £388,566 | £380,000 | 11 CONWAY ROAD |
1 Sep 2023 | £475,482 | £465,000 | 28 MARSLAND ROAD |
18 Aug 2022 | £626,178 | £623,250 | 12 VICTORIA DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 27 Aug 2015. Using an estimated price of £285,290 means this house is valued at £3,317 per sq meter (£308 per sq foot).
The average size of a house on VICTORIA ROAD is 102 sq meters (1,100 sq feet).