£361,993
This estimated value is based upon the latest sale price for the house of £240,505 on 19 Sep 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 |
---|---|
£240,505 | 19 Sep 2014 |
£147,950 | 7 Mar 2003 |
£82,900 | 11 Dec 1998 |
£53,110 | 16 Jul 1998 |
Terraced |
Freehold |
Floor Area: 84 sq meters or 904 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 September 2014 the House Price Index for GREATER MANCHESTER was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £240,505 results in an estimated price of approximately £361,993.
19 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 148.6 | 50.514 % | £240,505 | £121,488 | £361,993 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 56.671 % | £136,297 | £376,802 |
3 Month Average | 58.311 % | £140,240 | £380,745 |
6 Month Average | 59.119 % | £142,183 | £382,688 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £325,699 | £320,000 | 3 SOUTH GROVE |
3 Mar 2023 | £333,139 | £330,000 | AN PHOINTE, 10 SOUTH GROVE |
24 Aug 2022 | £573,456 | £575,000 | 31 POPLAR GROVE |
5 Aug 2022 | £498,658 | £500,000 | 25 SOUTH GROVE |
27 Jun 2022 | £562,956 | £555,000 | 29 POPLAR GROVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 15 Apr 2014. Using an estimated price of £361,993 means this house is valued at £4,309 per sq meter (£400 per sq foot).
The average size of a house on SOUTH GROVE is 109 sq meters (1,179 sq feet).