£396,563
This estimated value is based upon the latest sale price for the house of £321,000 on 2 Oct 2019. 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 |
---|---|
£321,000 | 2 Oct 2019 |
£240,000 | 7 Nov 2006 |
£143,450 | 11 Jan 2002 |
£110,000 | 2 Feb 2000 |
Terraced |
Freehold |
Floor Area: 82 sq meters or 882 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 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £321,000 results in an estimated price of approximately £396,563.
2 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £321,000 | £75,563 | £396,563 |
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 | 76.575 % | £245,805 | £566,805 |
3 Month Average | 35.046 % | £112,499 | £433,499 |
6 Month Average | 8.823 % | £28,321 | £349,321 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £295,000 | £295,000 | 80 SCHOOL LANE |
13 Dec 2023 | £464,266 | £450,000 | 14 CATTERICK ROAD |
22 Sep 2023 | £443,272 | £433,500 | 11 CATTERICK ROAD |
4 Aug 2023 | £555,010 | £545,000 | 101 SCHOOL LANE |
11 Nov 2022 | £389,180 | £391,000 | 100 SCHOOL LANE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 21 Mar 2019. Using an estimated price of £396,564 means this house is valued at £4,836 per sq meter (£449 per sq foot).
The average size of a house on CATTERICK ROAD is 102 sq meters (1,099 sq feet).