£45,477
This estimated value is based upon the latest sale price for the house of £14,950 on 13 Mar 2002. 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 |
|---|---|
| £14,950 | 13 Mar 2002 |
| Terraced |
| Freehold |
| Floor Area: 53 sq meters or 570 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 March 2002 the House Price Index for GREATER MANCHESTER was 49.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 204.197%.Applying this 204.197% change to the original purchase price of £14,950 results in an estimated price of approximately £45,477.
| 13 Mar 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 149.7 | 204.197 % | £14,950 | £30,527 | £45,477 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | 659.878 % | £98,651 | £113,601 |
| 3 Month Average | 874.994 % | £130,811 | £145,761 |
| 6 Month Average | 755.325 % | £112,921 | £127,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £112,249 | £110,000 | 7 SPRING STREET |
| 15 Mar 2023 | £162,717 | £160,000 | 10 SPRING STREET |
| 21 Feb 2023 | £130,874 | £130,000 | 76 STOVELL AVENUE |
| 18 Nov 2021 | £171,055 | £157,000 | 117 LONGDEN ROAD |
| 11 Sep 2020 | £95,694 | £80,000 | 10 DELAFIELD AVENUE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 9 Aug 2018. Using an estimated price of £45,477 means this house is valued at £858 per sq meter (£79 per sq foot).
The average size of a house on SPRING STREET is 69 sq meters (746 sq feet).