£294,685
This estimated value is based upon the latest sale price for the house of £232,500 on 19 Sep 2017. 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 |
|---|---|
| £232,500 | 19 Sep 2017 |
| £167,995 | 9 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 2017 the House Price Index for GREATER MANCHESTER was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £232,500 results in an estimated price of approximately £294,685.
| 19 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £232,500 | £62,185 | £294,685 |
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 | 27.962 % | £65,012 | £297,512 |
| 3 Month Average | 27.354 % | £63,597 | £296,097 |
| 6 Month Average | 32.540 % | £75,656 | £308,156 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £188,295 | £185,000 | FLAT 8 8 ROEBUCK LANE |
| 14 Jul 2023 | £481,480 | £475,000 | 41 URBAN ROAD |
| 20 Jun 2023 | £313,801 | £310,000 | 23 ALBION GROVE |
| 23 Sep 2022 | £391,836 | £395,000 | 83 URBAN ROAD |
| 5 Aug 2022 | £393,940 | £395,000 | 61 URBAN ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 5 Jun 2017. Using an estimated price of £294,686 means this house is valued at £4,150 per sq meter (£385 per sq foot).
The average size of a house on ROEBUCK LANE is 81 sq meters (875 sq feet).