£214,429
This estimated value is based upon the latest sale price for the house of £42,250 on 1 Aug 1997. 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 |
|---|---|
| £42,250 | 1 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 August 1997 the House Price Index for GREATER MANCHESTER was 29.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 407.526%.Applying this 407.526% change to the original purchase price of £42,250 results in an estimated price of approximately £214,429.
| 1 Aug 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 149.7 | 407.526 % | £42,250 | £172,179 | £214,429 |
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 | 786.142 % | £332,144 | £374,394 |
| 3 Month Average | 603.250 % | £254,873 | £297,123 |
| 6 Month Average | 565.389 % | £238,876 | £281,126 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £144,178 | £141,000 | 5 STANLEY AVENUE |
| 9 Jun 2023 | £188,783 | £185,000 | 25 STANLEY AVENUE |
| 31 Mar 2023 | £254,246 | £250,000 | 6 WALLACE AVENUE |
| 31 Mar 2023 | £508,492 | £500,000 | 3 MOON GROVE |
| 14 Mar 2023 | £132,208 | £130,000 | 27 STANLEY AVENUE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 8 Nov 2019. Using an estimated price of £214,430 means this house is valued at £2,102 per sq meter (£195 per sq foot).
The average size of a house on WALLACE AVENUE is 113 sq meters (1,220 sq feet).