£254,656
This estimated value is based upon the latest sale price for the house of £163,500 on 30 May 2014. 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 |
---|---|
£163,500 | 30 May 2014 |
£148,000 | 20 Dec 2011 |
£82,000 | 8 Aug 2001 |
£49,000 | 27 Jan 1997 |
Semi-Detached |
Freehold |
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 May 2014 the House Price Index for GREATER MANCHESTER was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £163,500 results in an estimated price of approximately £254,656.
30 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £163,500 | £91,156 | £254,656 |
The Postcode Pricing Model uses changes in average sales price within the M27 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 | 115.178 % | £188,316 | £351,816 |
3 Month Average | 66.074 % | £108,031 | £271,531 |
6 Month Average | 82.074 % | £134,191 | £297,691 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2024 | £252,190 | £250,000 | 27 POPLAR ROAD |
15 Mar 2024 | £245,268 | £241,500 | 5 WOODSMOOR ROAD |
8 Dec 2023 | £306,416 | £297,000 | 305 EAST LANCASHIRE ROAD |
8 Nov 2023 | £318,074 | £310,000 | 1 ASHLEY CRESCENT |
25 Aug 2023 | £371,704 | £365,000 | 18 POPLAR ROAD |