£175,144
This estimated value is based upon the latest sale price for the house of £120,000 on 18 May 2015. 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 | 18 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 May 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £120,000 results in an estimated price of approximately £175,144.
| 18 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £120,000 | £55,144 | £175,144 |
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 | 35.395 % | £42,474 | £162,474 |
| 3 Month Average | 62.450 % | £74,940 | £194,940 |
| 6 Month Average | 62.501 % | £75,000 | £195,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £517,664 | £510,000 | 3 SHELTON AVENUE |
| 11 Aug 2023 | £530,642 | £526,000 | 72 FIRS ROAD |
| 31 Jul 2023 | £372,007 | £367,000 | 16 SHELTON AVENUE |
| 2 Mar 2023 | £323,043 | £320,000 | 92 FIRS ROAD |
| 24 Feb 2023 | £339,771 | £340,000 | 68 FIRS ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 13 Apr 2015. Using an estimated price of £175,145 means this house is valued at £2,780 per sq meter (£258 per sq foot).
The average size of a house on EXMOUTH ROAD is 84 sq meters (906 sq feet).