£137,263
This estimated value is based upon the latest sale price for the house of £81,000 on 9 Aug 2010. 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 |
|---|---|
| £81,000 | 9 Aug 2010 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 August 2010 the House Price Index for GREATER MANCHESTER was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.461%.Applying this 69.461% change to the original purchase price of £81,000 results in an estimated price of approximately £137,263.
| 9 Aug 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.461 % | £81,000 | £56,263 | £137,263 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 145.963 % | £118,230 | £199,230 |
| 3 Month Average | 67.944 % | £55,034 | £136,034 |
| 6 Month Average | 71.399 % | £57,833 | £138,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £171,500 | £170,000 | 20 MANSFIELD ROAD |
| 28 Apr 2023 | £127,371 | £126,000 | 36 WALKER ROAD |
| 9 Feb 2023 | £249,332 | £249,500 | 30 SYMOND ROAD |
| 8 Feb 2023 | £189,872 | £190,000 | 3 SYMOND ROAD |
| 19 Jan 2023 | £165,222 | £166,000 | 190 HILL LANE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 5 Mar 2013. Using an estimated price of £137,263 means this house is valued at £1,429 per sq meter (£132 per sq foot).
The average size of a house on ERSKINE ROAD is 110 sq meters (1,192 sq feet).