£197,258
This estimated value is based upon the latest sale price for the house of £182,500 on 29 Jun 2021. 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 |
---|---|
£182,500 | 29 Jun 2021 |
£147,500 | 22 Jun 2007 |
£76,000 | 7 Jul 2003 |
Terraced |
Leasehold |
Floor Area: 78 sq meters or 839 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 June 2021 the House Price Index for GREATER MANCHESTER was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £182,500 results in an estimated price of approximately £197,258.
29 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £182,500 | £14,758 | £197,258 |
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 | 27.273 % | £49,773 | £232,273 |
3 Month Average | -9.352 % | £-17,066 | £165,433 |
6 Month Average | -20.507 % | £-37,425 | £145,074 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2024 | £221,000 | £221,000 | 265 HEALD PLACE |
13 Nov 2023 | £225,730 | £220,000 | 162 HEALD PLACE |
17 Feb 2023 | £241,614 | £240,000 | 2 REDRUTH STREET |
15 Feb 2023 | £218,459 | £217,000 | 158 HEALD PLACE |
14 Oct 2022 | £221,261 | £222,000 | 12 REDRUTH STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 23 Nov 2021. Using an estimated price of £197,258 means this house is valued at £2,528 per sq meter (£234 per sq foot).
The average size of a house on HEALD PLACE is 93 sq meters (1,002 sq feet).