£253,751
This estimated value is based upon the latest sale price for the house of £125,000 on 21 May 2004. 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 |
|---|---|
| £125,000 | 21 May 2004 |
| £80,000 | 7 Apr 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 May 2004 the House Price Index for GREATER MANCHESTER was 73.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 103.002%.Applying this 103.002% change to the original purchase price of £125,000 results in an estimated price of approximately £253,751.
| 21 May 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 149.7 | 103.002 % | £125,000 | £128,751 | £253,751 |
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 | 61.688 % | £77,109 | £202,109 |
| 3 Month Average | 145.683 % | £182,103 | £307,103 |
| 6 Month Average | 169.019 % | £211,273 | £336,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2024 | £196,708 | £195,000 | 60 ABERCARN CLOSE |
| 17 Apr 2024 | £14,123 | £14,000 | 164 HEYWOOD STREET |
| 15 Sep 2023 | £398,791 | £390,000 | 40 BRIDEOAK STREET |
| 16 Aug 2023 | £141,553 | £139,000 | 80 BRIDEOAK STREET |
| 23 Jun 2023 | £714,315 | £700,000 | 461 CHEETHAM HILL ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 11 Dec 2013. Using an estimated price of £253,752 means this house is valued at £2,206 per sq meter (£204 per sq foot).
The average size of a house on HEYWOOD STREET is 128 sq meters (1,387 sq feet).