£120,366
This estimated value is based upon the latest sale price for the house of £81,000 on 30 Jan 2015. 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 | 30 Jan 2015 |
£119,950 | 24 Jan 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 2015 the House Price Index for GREATER MANCHESTER was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £81,000 results in an estimated price of approximately £120,366.
30 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 148.6 | 48.600 % | £81,000 | £39,366 | £120,366 |
The Postcode Pricing Model uses changes in average sales price within the M16 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 | 40.192 % | £32,555 | £113,555 |
3 Month Average | 58.241 % | £47,175 | £128,175 |
6 Month Average | 42.791 % | £34,660 | £115,660 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £356,233 | £350,000 | 45 LEIGHTON ROAD |
3 Aug 2023 | £388,398 | £385,000 | 50 AUBURN ROAD |
30 Jun 2023 | £450,456 | £445,000 | 41 AUBURN ROAD |
9 Jun 2023 | £496,008 | £490,000 | 36 LEIGHTON ROAD |
9 Sep 2022 | £153,758 | £155,000 | FLAT 2 SEYMOUR PARK APARTMENTS, 246 AYRES ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 29 Jun 2016. Using an estimated price of £120,366 means this house is valued at £1,941 per sq meter (£180 per sq foot).
The average size of a house on AYRES ROAD is 102 sq meters (1,098 sq feet).