£202,353
This estimated value is based upon the latest sale price for the house of £119,000 on 11 Feb 2013. 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 |
|---|---|
| £119,000 | 11 Feb 2013 |
| £113,000 | 30 Mar 2012 |
| £74,500 | 18 Jan 2002 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2013 the House Price Index for GREATER MANCHESTER was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £119,000 results in an estimated price of approximately £202,353.
| 11 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.045 % | £119,000 | £83,353 | £202,353 |
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 | 102.238 % | £121,662 | £240,662 |
| 3 Month Average | 85.639 % | £101,910 | £220,910 |
| 6 Month Average | 68.978 % | £82,083 | £201,083 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £210,000 | £210,000 | 375 NORRIS ROAD |
| 23 Nov 2023 | £233,938 | £228,000 | 8 THELWALL ROAD |
| 20 Oct 2023 | £271,159 | £265,000 | 43 HOYLAKE ROAD |
| 13 Oct 2023 | £327,437 | £320,000 | 39 ROSTHERNE ROAD |
| 23 Jun 2023 | £285,726 | £280,000 | 53 THELWALL ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 12 Jun 2014. Using an estimated price of £202,354 means this house is valued at £2,467 per sq meter (£229 per sq foot).
The average size of a house on MERE CLOSE is 85 sq meters (921 sq feet).