£73,679
This estimated value is based upon the latest sale price for the house of £57,000 on 25 Apr 2017. 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 |
|---|---|
| £57,000 | 25 Apr 2017 |
| £154,973 | 8 May 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 April 2017 the House Price Index for GREATER MANCHESTER was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £57,000 results in an estimated price of approximately £73,679.
| 25 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £57,000 | £16,679 | £73,679 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | -49.220 % | £-28,055 | £28,944 |
| 3 Month Average | 7.433 % | £4,236 | £61,236 |
| 6 Month Average | 45.327 % | £25,836 | £82,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Nov 2022 | £177,846 | £180,000 | 9 EADINGTON STREET |
| 9 Sep 2022 | £262,877 | £265,000 | 13 HERMITAGE ROAD |
| 6 May 2022 | £331,241 | £325,000 | 10 HOUGHTON ROAD |
| 4 Apr 2022 | £113,278 | £110,000 | 27 LINN STREET |
| 10 Feb 2022 | £206,593 | £197,000 | 14 EADINGTON STREET |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 31 Aug 2012. Using an estimated price of £73,680 means this house is valued at £652 per sq meter (£60 per sq foot).
The average size of a house on HERMITAGE ROAD is 145 sq meters (1,565 sq feet).