£116,133
This estimated value is based upon the latest sale price for the house of £75,000 on 19 Jun 2014. 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 |
---|---|
£75,000 | 19 Jun 2014 |
£100,000 | 26 Jun 2008 |
£70,500 | 6 May 2008 |
£50,000 | 16 Nov 2005 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 June 2014 the House Price Index for GREATER MANCHESTER was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £75,000 results in an estimated price of approximately £116,133.
19 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 149.7 | 54.845 % | £75,000 | £41,133 | £116,133 |
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 | 265.292 % | £198,968 | £273,968 |
3 Month Average | 116.160 % | £87,119 | £162,119 |
6 Month Average | 93.681 % | £70,260 | £145,260 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Apr 2024 | £178,551 | £177,000 | FLAT 332 2 BLUE MOON WAY |
8 Dec 2023 | £177,969 | £172,500 | FLAT 201 241 MARINE ROAD CENTRAL |
3 Mar 2023 | £162,717 | £160,000 | 14 LOWTHORPE STREET |
27 Sep 2021 | £179,119 | £165,000 | 23 MIDDLEHAM STREET |
13 Nov 2020 | £227,747 | £195,000 | 221 MAINE ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 21 Jun 2021. Using an estimated price of £116,134 means this house is valued at £1,843 per sq meter (£171 per sq foot).
The average size of a house on MAINE ROAD is 91 sq meters (988 sq feet).