£121,554
This estimated value is based upon the latest sale price for the house of £120,000 on 29 Sep 2023. 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 |
|---|---|
| £120,000 | 29 Sep 2023 |
| £50,266 | 21 Jan 2008 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 2023 the House Price Index for GREATER MANCHESTER was 146.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.295%.Applying this 1.295% change to the original purchase price of £120,000 results in an estimated price of approximately £121,554.
| 29 Sep 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.7 | 148.6 | 1.295 % | £120,000 | £1,554 | £121,554 |
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 | 169.560 % | £203,472 | £323,472 |
| 3 Month Average | 15.894 % | £19,072 | £139,072 |
| 6 Month Average | 2.260 % | £2,711 | £122,711 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £121,554 | £120,000 | 14 SHIREGREEN AVENUE |
| 16 Jun 2023 | £129,063 | £127,500 | 34 PARK VIEW |
| 24 Feb 2023 | £191,871 | £192,000 | 31 KEYHAVEN WALK |
| 18 Jan 2023 | £124,414 | £125,000 | 42 PARK VIEW |
| 17 Jun 2022 | £154,179 | £152,000 | 6 BARNSTAPLE DRIVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 20 Nov 2013. Using an estimated price of £121,554 means this house is valued at £1,447 per sq meter (£134 per sq foot).