£376,971
This estimated value is based upon the latest sale price for the house of £249,950 on 29 Oct 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 |
|---|---|
| £249,950 | 29 Oct 2014 |
| £227,600 | 12 Nov 2007 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 548 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 October 2014 the House Price Index for GREATER MANCHESTER was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £249,950 results in an estimated price of approximately £376,971.
| 29 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £249,950 | £127,021 | £376,971 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 111.898 % | £279,688 | £529,638 |
| 3 Month Average | 67.576 % | £168,907 | £418,857 |
| 6 Month Average | 40.997 % | £102,471 | £352,421 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £190,844 | £186,000 | FLAT 1 8 - 12 ORCHARD STREET |
| 11 Apr 2023 | £337,819 | £331,500 | 31 VICKER GROVE |
| 20 Mar 2023 | £183,311 | £180,250 | FLAT 4 2 - 6 ORCHARD STREET |
| 1 Mar 2023 | £368,657 | £362,500 | 43 VICKER GROVE |
| 20 Feb 2023 | £422,824 | £420,000 | 25 ORCHARD STREET |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 16 Aug 2014. Using an estimated price of £376,972 means this house is valued at £7,391 per sq meter (£686 per sq foot).
The average size of a house on VICKER GROVE is 77 sq meters (839 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (548 sq feet).