£225,961
This estimated value is based upon the latest sale price for the house of £40,500 on 31 Jan 1995. 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 |
|---|---|
| £40,500 | 31 Jan 1995 |
| 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 January 1995 the House Price Index for GREATER MANCHESTER was 26.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 457.929%.Applying this 457.929% change to the original purchase price of £40,500 results in an estimated price of approximately £225,961.
| 31 Jan 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 148.6 | 457.929 % | £40,500 | £185,461 | £225,961 |
The Postcode Pricing Model uses changes in average sales price within the M25 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 | 350.885 % | £142,108 | £182,608 |
| 3 Month Average | 454.872 % | £184,223 | £224,723 |
| 6 Month Average | 465.428 % | £188,498 | £228,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £384,659 | £380,000 | 121 KINGS ROAD |
| 8 Jun 2023 | £172,084 | £170,000 | 26 EAST MEADE |
| 2 Jun 2023 | £253,065 | £250,000 | 188 ALBERT AVENUE |
| 22 Feb 2023 | £314,788 | £315,000 | 41 BURY OLD ROAD |
| 24 Nov 2021 | £275,786 | £255,000 | 81 BURY OLD ROAD |