£68,948
This estimated value is based upon the latest sale price for the house of £14,300 on 30 Jan 1998. 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 |
---|---|
£14,300 | 30 Jan 1998 |
Terraced |
Leasehold |
Floor Area: 75 sq meters or 807 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 1998 the House Price Index for GREATER MANCHESTER was 30.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 382.155%.Applying this 382.155% change to the original purchase price of £14,300 results in an estimated price of approximately £68,948.
30 Jan 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.8 | 148.6 | 382.155 % | £14,300 | £54,648 | £68,948 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | 714.696 % | £102,201 | £116,501 |
3 Month Average | 652.181 % | £93,261 | £107,561 |
6 Month Average | 769.932 % | £110,100 | £124,400 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Feb 2023 | £164,889 | £165,000 | 61 PARKIN STREET |
3 Sep 2021 | £112,345 | £104,256 | 37 MACKENZIE STREET |
14 Dec 2020 | £130,265 | £113,500 | 8 SHERRINGTON STREET |
19 Mar 2020 | £144,532 | £120,000 | 22 PARKIN STREET |
20 Aug 2019 | £147,052 | £119,500 | 31 MACKENZIE STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 12 Feb 2015. Using an estimated price of £68,948 means this house is valued at £919 per sq meter (£85 per sq foot).
The average size of a house on PARKIN STREET is 72 sq meters (776 sq feet).