£45,118
This estimated value is based upon the latest sale price for the house of £20,000 on 23 Oct 2003. 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 |
|---|---|
| £20,000 | 23 Oct 2003 |
| £25,950 | 9 Nov 1999 |
| £52,000 | 18 Aug 1997 |
| £25,000 | 11 Jun 1997 |
| £17,500 | 18 Apr 1997 |
| Terraced |
| Leasehold |
| Floor Area: 140 sq meters or 1,506 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 2003 the House Price Index for GREATER MANCHESTER was 66.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 125.591%.Applying this 125.591% change to the original purchase price of £20,000 results in an estimated price of approximately £45,118.
| 23 Oct 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 66.4 | 149.7 | 125.591 % | £20,000 | £25,118 | £45,118 |
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 | 124.881 % | £24,976 | £44,976 |
| 3 Month Average | 212.290 % | £42,458 | £62,458 |
| 6 Month Average | 243.748 % | £48,749 | £68,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £314,837 | £310,000 | 12 HOUGHTON ROAD |
| 9 Sep 2022 | £264,823 | £265,000 | 13 HERMITAGE ROAD |
| 6 May 2022 | £333,693 | £325,000 | 10 HOUGHTON ROAD |
| 17 Sep 2021 | £222,542 | £205,000 | 47 HERMITAGE ROAD |
| 14 Jul 2021 | £181,770 | £157,000 | 2 CLAUDE STREET |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 28 Feb 2017. Using an estimated price of £45,118 means this house is valued at £322 per sq meter (£29 per sq foot).
The average size of a house on HOUGHTON ROAD is 169 sq meters (1,821 sq feet).