£94,004
This estimated value is based upon the latest sale price for the house of £50,000 on 11 Jan 2005. 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 |
|---|---|
| £50,000 | 11 Jan 2005 |
| £15,000 | 5 Jan 1995 |
| Terraced |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 January 2005 the House Price Index for GREATER MANCHESTER was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £50,000 results in an estimated price of approximately £94,004.
| 11 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 148.6 | 88.008 % | £50,000 | £44,004 | £94,004 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | 142.361 % | £71,180 | £121,180 |
| 3 Month Average | 142.048 % | £71,024 | £121,024 |
| 6 Month Average | 174.204 % | £87,102 | £137,102 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jan 2023 | £84,601 | £85,000 | 1 GILES STREET |
| 25 Mar 2022 | £155,439 | £150,000 | 17 GILES STREET |
| 8 Nov 2021 | £113,559 | £105,000 | 5 MELLING STREET |
| 2 Dec 2020 | £200,850 | £175,000 | 113 STANLEY GROVE |
| 12 Oct 2020 | £111,443 | £95,000 | 108 STANLEY GROVE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 14 Mar 2020. Using an estimated price of £94,004 means this house is valued at £1,649 per sq meter (£153 per sq foot).
The average size of a house on GILES STREET is 68 sq meters (739 sq feet).