£388,272
This estimated value is based upon the latest sale price for the house of £320,000 on 20 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 |
|---|---|
| £320,000 | 20 Mar 2020 |
| £179,950 | 5 Mar 2004 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 £320,000 results in an estimated price of approximately £388,272.
| 20 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £320,000 | £68,272 | £388,272 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 124.255 % | £397,616 | £717,616 |
| 3 Month Average | 28.782 % | £92,101 | £412,101 |
| 6 Month Average | 6.954 % | £22,252 | £342,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £28,497 | £28,250 | 701 WILMSLOW ROAD |
| 15 Dec 2023 | £345,620 | £335,000 | FLAT 4 12 SCHOOL LANE |
| 29 Sep 2023 | £455,031 | £445,000 | 11 STEPHENS TERRACE |
| 6 Apr 2023 | £489,098 | £479,950 | 40 ALBERT HILL STREET |
| 17 Feb 2023 | £302,017 | £300,000 | 6 KINGS LYNN CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 21 Feb 2019. Using an estimated price of £388,273 means this house is valued at £4,977 per sq meter (£462 per sq foot).
The average size of a house on STEPHENS TERRACE is 87 sq meters (940 sq feet).