£265,611
This estimated value is based upon the latest sale price for the house of £215,000 on 30 Oct 2019. 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 |
---|---|
£215,000 | 30 Oct 2019 |
£165,000 | 23 Oct 2015 |
£71,500 | 18 Feb 2002 |
Terraced |
Leasehold |
Floor Area: 69 sq meters or 742 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 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £215,000 results in an estimated price of approximately £265,611.
30 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £215,000 | £50,611 | £265,611 |
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 | 35.258 % | £75,805 | £290,805 |
3 Month Average | 21.127 % | £45,422 | £260,422 |
6 Month Average | 15.575 % | £33,485 | £248,485 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £589,050 | £580,000 | 59 GREEN LANE |
9 Jan 2023 | £250,670 | £250,000 | 43 CHURCH LANE |
15 Jul 2022 | £112,629 | £111,500 | FLAT 14 CHAPEL COURT GREEN LANE |
25 Apr 2022 | £680,030 | £655,500 | 85 CHURCH LANE |
16 Mar 2022 | £183,732 | £176,000 | 9 FIELD ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 13 Mar 2015. Using an estimated price of £265,611 means this house is valued at £3,849 per sq meter (£357 per sq foot).
The average size of a house on DERBY ROAD is 71 sq meters (774 sq feet).