£159,013
This estimated value is based upon the latest sale price for the house of £130,000 on 14 May 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 |
|---|---|
| £130,000 | 14 May 2020 |
| £105,000 | 24 Jun 2016 |
| £79,000 | 2 Dec 2011 |
| £73,000 | 21 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 May 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £130,000 results in an estimated price of approximately £159,013.
| 14 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £130,000 | £29,013 | £159,013 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 24.099 % | £31,329 | £161,329 |
| 3 Month Average | 1.678 % | £2,181 | £132,181 |
| 6 Month Average | 22.849 % | £29,704 | £159,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £162,340 | £159,500 | 14 BUCKLOW AVENUE |
| 13 Oct 2022 | £197,870 | £200,000 | 2 WATFORD AVENUE |
| 22 Jul 2022 | £162,437 | £162,000 | 1 HOLFORD AVENUE |
| 8 Jul 2022 | £230,621 | £230,000 | 2 BROCKLEY AVENUE |
| 30 Jun 2022 | £159,758 | £157,500 | 3 ROSFORD AVENUE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 7 Oct 2014. Using an estimated price of £159,014 means this house is valued at £2,524 per sq meter (£234 per sq foot).
The average size of a house on PLATT LANE is 105 sq meters (1,140 sq feet).