£255,355
This estimated value is based upon the latest sale price for the house of £149,950 on 14 Sep 2012. 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 |
---|---|
£149,950 | 14 Sep 2012 |
Semi-Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 September 2012 the House Price Index for GREATER MANCHESTER was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £149,950 results in an estimated price of approximately £255,355.
14 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.294 % | £149,950 | £105,405 | £255,355 |
The Postcode Pricing Model uses changes in average sales price within the M23 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 | 71.452 % | £107,142 | £257,092 |
3 Month Average | 83.217 % | £124,783 | £274,733 |
6 Month Average | 134.387 % | £201,513 | £351,463 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £60,530 | £60,000 | 5 MOOR ROAD |
9 Jun 2023 | £146,778 | £145,000 | APARTMENT 2 248 LAWNHURST AVENUE |
5 Apr 2023 | £290,093 | £286,970 | 2 FAWBOROUGH ROAD |
20 Jan 2023 | £164,226 | £165,000 | APARTMENT 3 240 LAWNHURST AVENUE |
8 Apr 2022 | £169,917 | £165,000 | APARTMENT 6 248 LAWNHURST AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 10 May 2012. Using an estimated price of £255,355 means this house is valued at £2,455 per sq meter (£228 per sq foot).
The average size of a house on FALTERLEY ROAD is 148 sq meters (1,599 sq feet).