£42,467
This estimated value is based upon the latest sale price for the house of £35,000 on 2 Mar 2020. 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 |
|---|---|
| £35,000 | 2 Mar 2020 |
| £46,995 | 21 Jun 2005 |
| Freehold |
| Floor Area: 70 sq meters or 753 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 March 2020 the House Price Index for GREATER MANCHESTER was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £35,000 results in an estimated price of approximately £42,467.
| 2 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £35,000 | £7,467 | £42,467 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | -6.258 % | £-2,190 | £32,809 |
| 3 Month Average | 35.596 % | £12,458 | £47,458 |
| 6 Month Average | 35.829 % | £12,540 | £47,540 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £196,839 | £192,500 | 33 MAPLEDON ROAD |
| 9 Jun 2023 | £73,983 | £72,500 | 46 MAPLEDON ROAD |
| 30 Nov 2022 | £159,255 | £160,000 | 12 MAPLEDON ROAD |
| 11 Oct 2022 | £89,700 | £90,000 | 281 MOSTON LANE |
| 26 Aug 2022 | £218,019 | £217,000 | 9 MAPLEDON ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 15 Sep 2020. Using an estimated price of £42,467 means this house is valued at £606 per sq meter (£56 per sq foot).
The average size of a house on HOUGH HALL ROAD is 84 sq meters (909 sq feet).