£261,991
This estimated value is based upon the latest sale price for the house of £177,000 on 13 Apr 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 |
|---|---|
| £177,000 | 13 Apr 2015 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 April 2015 the House Price Index for GREATER MANCHESTER was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £177,000 results in an estimated price of approximately £261,991.
| 13 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 149.7 | 48.018 % | £177,000 | £84,991 | £261,991 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 221.186 % | £391,499 | £568,499 |
| 3 Month Average | 106.165 % | £187,912 | £364,912 |
| 6 Month Average | 86.800 % | £153,636 | £330,636 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £197,717 | £196,000 | 15 BROCKLEY AVENUE |
| 13 Oct 2023 | £255,810 | £250,000 | 18 BARNSTON AVENUE |
| 13 Oct 2022 | £199,334 | £200,000 | 2 WATFORD AVENUE |
| 22 Jul 2022 | £163,640 | £162,000 | 1 HOLFORD AVENUE |
| 8 Jul 2022 | £232,328 | £230,000 | 2 BROCKLEY AVENUE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 31 Jan 2013. Using an estimated price of £261,992 means this house is valued at £2,448 per sq meter (£227 per sq foot).
The average size of a house on PLATT LANE is 105 sq meters (1,140 sq feet).