£259,743
This estimated value is based upon the latest sale price for the house of £170,000 on 11 Jul 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 |
---|---|
£170,000 | 11 Jul 2014 |
Semi-Detached |
Leasehold |
Floor Area: 98 sq meters or 1,054 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 July 2014 the House Price Index for GREATER MANCHESTER was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £170,000 results in an estimated price of approximately £259,743.
11 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 148.6 | 52.790 % | £170,000 | £89,743 | £259,743 |
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 | -5.793 % | £-9,848 | £160,151 |
3 Month Average | 86.185 % | £146,514 | £316,514 |
6 Month Average | 93.789 % | £159,441 | £329,441 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £334,274 | £330,000 | 43 KEARSLEY ROAD |
1 Jul 2022 | £180,486 | £180,000 | 26 DELAUNAYS ROAD |
9 May 2022 | £336,337 | £330,000 | 7 CLEVELAND ROAD |
22 Feb 2022 | £91,761 | £87,500 | APARTMENT 5 14 DELAUNAYS ROAD |
25 Nov 2021 | £272,541 | £252,000 | 36 KEARSLEY ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 27 Jan 2014. Using an estimated price of £259,744 means this house is valued at £2,650 per sq meter (£246 per sq foot).
The average size of a house on SAXON AVENUE is 119 sq meters (1,282 sq feet).