£181,709
This estimated value is based upon the latest sale price for the house of £145,000 on 8 Mar 2018. 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 |
|---|---|
| £145,000 | 8 Mar 2018 |
| £147,500 | 17 Dec 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 76 sq meters or 818 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 2018 the House Price Index for GREATER MANCHESTER was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £145,000 results in an estimated price of approximately £181,709.
| 8 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £145,000 | £36,709 | £181,709 |
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 | 25.105 % | £36,401 | £181,401 |
| 3 Month Average | 11.102 % | £16,097 | £161,097 |
| 6 Month Average | 22.760 % | £33,001 | £178,001 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £182,705 | £180,000 | 26 FLEESON STREET |
| 21 Jul 2023 | £293,956 | £290,000 | 106 PLATT LANE |
| 24 Feb 2023 | £229,845 | £230,000 | 59 PLATT LANE |
| 24 Feb 2023 | £459,691 | £460,000 | 13 ALDWYCH AVENUE |
| 23 Feb 2023 | £194,869 | £195,000 | 520 CLAREMONT ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 27 Feb 2018. Using an estimated price of £181,710 means this house is valued at £2,390 per sq meter (£222 per sq foot).
The average size of a house on VICTORY STREET is 132 sq meters (1,420 sq feet).
This house is the smallest in the street with a floor area of 76 sq meters (818 sq feet).