£346,106
This estimated value is based upon the latest sale price for the house of £229,950 on 19 Sep 2014. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £229,950 | 19 Sep 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 September 2014 the House Price Index for GREATER MANCHESTER was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £229,950 results in an estimated price of approximately £346,106.
| 19 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £229,950 | £116,156 | £346,106 |
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 | 56.671 % | £130,315 | £360,265 |
| 3 Month Average | 58.311 % | £134,085 | £364,035 |
| 6 Month Average | 59.119 % | £135,943 | £365,893 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £588,716 | £580,000 | 112 DERBYSHIRE ROAD SOUTH |
| 17 Mar 2023 | £439,137 | £435,000 | 115 DERBYSHIRE ROAD SOUTH |
| 23 Jan 2023 | £482,726 | £485,000 | 84 DERBYSHIRE ROAD SOUTH |
| 6 Jan 2023 | £796 | £800 | 16 NORTH PARADE |
| 29 Sep 2022 | £1,240 | £1,250 | 130 DERBYSHIRE ROAD SOUTH |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 15 Jan 2015. Using an estimated price of £346,107 means this house is valued at £3,762 per sq meter (£349 per sq foot).
The average size of a house on FORBES CLOSE is 100 sq meters (1,080 sq feet).