£262,402
This estimated value is based upon the latest sale price for the house of £153,000 on 3 Feb 2012. 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 |
|---|---|
| £153,000 | 3 Feb 2012 |
| £150,634 | 27 Jun 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 653 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 February 2012 the House Price Index for GREATER MANCHESTER was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.505%.Applying this 71.505% change to the original purchase price of £153,000 results in an estimated price of approximately £262,402.
| 3 Feb 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.505 % | £153,000 | £109,402 | £262,402 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 36.264 % | £55,484 | £208,484 |
| 3 Month Average | 31.728 % | £48,543 | £201,543 |
| 6 Month Average | 60.621 % | £92,750 | £245,750 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £495,333 | £489,000 | 125 NELL LANE |
| 27 Jul 2023 | £273,683 | £270,000 | APARTMENT 55 4 HOUSEMAN CRESCENT |
| 21 Jul 2023 | £553,449 | £546,000 | 123 NELL LANE |
| 17 Jul 2023 | £347,173 | £342,500 | APARTMENT 41 DIDSBURY GATE, 1 HOUSEMAN CRESCENT |
| 17 Mar 2023 | £469,423 | £465,000 | 123A NELL LANE |
This house has a floor area of 60 sq meters or 653 sq feet when measured on 23 Nov 2010. Using an estimated price of £262,402 means this house is valued at £4,323 per sq meter (£401 per sq foot).
The average size of a house on HOUSEMAN CRESCENT is 84 sq meters (905 sq feet).