£198,523
This estimated value is based upon the latest sale price for the house of £120,000 on 24 Jan 2007. 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 | 24 Jan 2007 |
£38,150 | 17 Jan 1997 |
Terraced |
Leasehold |
Floor Area: 66 sq meters or 714 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 January 2007 the House Price Index for GREATER MANCHESTER was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £120,000 results in an estimated price of approximately £198,523.
24 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.5 | 149.7 | 65.436 % | £120,000 | £78,523 | £198,523 |
The Postcode Pricing Model uses changes in average sales price within the M15 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 | 152.896 % | £183,475 | £303,475 |
3 Month Average | 68.610 % | £82,331 | £202,331 |
6 Month Average | 58.207 % | £69,847 | £189,847 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £95,432 | £92,500 | 3C UPPER MOSS LANE |
4 Sep 2023 | £258,703 | £253,000 | 12 FENN STREET |
7 Aug 2023 | £162,939 | £160,000 | 1D ROLLS CRESCENT |
13 Jul 2022 | £141,417 | £140,000 | 324D STRETFORD ROAD |
10 Jun 2022 | £164,517 | £161,000 | 330A STRETFORD ROAD |
This house has a floor area of 66 sq meters or 714 sq feet when measured on 4 Nov 2008. Using an estimated price of £198,524 means this house is valued at £2,989 per sq meter (£277 per sq foot).
The average size of a house on UPPER MOSS LANE is 72 sq meters (779 sq feet).