£926,111
This estimated value is based upon the latest sale price for the house of £198,500 on 2 Oct 1998. 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 |
---|---|
£198,500 | 2 Oct 1998 |
Semi-Detached |
Freehold |
Floor Area: 252 sq meters or 2,713 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 October 1998 the House Price Index for GREATER MANCHESTER was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £198,500 results in an estimated price of approximately £926,111.
2 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.1 | 149.7 | 366.555 % | £198,500 | £727,611 | £926,111 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 422.938 % | £839,531 | £1,038,031 |
3 Month Average | 380.852 % | £755,990 | £954,490 |
6 Month Average | 361.055 % | £716,694 | £915,194 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £707,971 | £690,000 | 53 WARDLE ROAD |
6 Jan 2022 | £609,614 | £575,000 | 23 ABINGTON ROAD |
15 Oct 2021 | £468,161 | £420,000 | 18 ABINGTON ROAD |
21 Sep 2021 | £935,218 | £861,500 | 165A MARSLAND ROAD |
17 Aug 2021 | £258,491 | £230,000 | APARTMENT 9 SAXON COURT MARSLAND ROAD |
This house has a floor area of 252 sq meters or 2,713 sq feet when measured on 28 Oct 2008. Using an estimated price of £926,112 means this house is valued at £3,673 per sq meter (£341 per sq foot).
The average size of a house on MARSLAND ROAD is 116 sq meters (1,255 sq feet).