£168,021
This estimated value is based upon the latest sale price for the house of £91,515 on 26 Oct 2005. 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 |
---|---|
£91,515 | 26 Oct 2005 |
£50,000 | 19 Nov 2004 |
Terraced |
Freehold |
Floor Area: 73 sq meters or 785 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 October 2005 the House Price Index for GREATER MANCHESTER was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £91,515 results in an estimated price of approximately £168,021.
26 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.5 | 149.7 | 83.599 % | £91,515 | £76,506 | £168,021 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 25.040 % | £22,915 | £114,430 |
3 Month Average | 91.342 % | £83,591 | £175,106 |
6 Month Average | 96.672 % | £88,469 | £179,984 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £144,438 | £140,000 | 23 BEECHFIELD STREET |
20 Mar 2023 | £68,748 | £67,600 | 5 ELMFIELD STREET |
25 Jan 2023 | £50,134 | £50,000 | 30 HUXLEY AVENUE |
29 Jul 2022 | £171,721 | £170,000 | 14 BEECHFIELD STREET |
15 Jun 2021 | £86,469 | £80,000 | 19 BEECHFIELD STREET |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Aug 2014. Using an estimated price of £168,021 means this house is valued at £2,301 per sq meter (£213 per sq foot).
The average size of a house on ELMFIELD STREET is 86 sq meters (928 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).