£116,602
This estimated value is based upon the latest sale price for the house of £77,000 on 26 Aug 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 |
|---|---|
| £77,000 | 26 Aug 2014 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 August 2014 the House Price Index for GREATER MANCHESTER was 98.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 51.432%.Applying this 51.432% change to the original purchase price of £77,000 results in an estimated price of approximately £116,602.
| 26 Aug 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 148.6 | 51.432 % | £77,000 | £39,602 | £116,602 |
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 | -52.573 % | £-40,481 | £36,518 |
| 3 Month Average | 64.641 % | £49,773 | £126,773 |
| 6 Month Average | 87.460 % | £67,344 | £144,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £223,306 | £220,000 | 157 SMEDLEY ROAD |
| 24 Jan 2023 | £142,330 | £143,000 | 60 CHIME BANK |
| 16 Jan 2023 | £44,789 | £45,000 | 16 CHIME BANK |
| 24 Oct 2022 | £250,305 | £253,000 | 15 ECKFORD STREET |
| 21 Oct 2022 | £38,585 | £39,000 | 26 CHIME BANK |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 22 Oct 2021. Using an estimated price of £116,602 means this house is valued at £1,041 per sq meter (£96 per sq foot).
The average size of a house on SMEDLEY ROAD is 164 sq meters (1,768 sq feet).