£127,145
This estimated value is based upon the latest sale price for the house of £75,000 on 3 Sep 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 |
---|---|
£75,000 | 3 Sep 2010 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 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 69.527%.Applying this 69.527% change to the original purchase price of £75,000 results in an estimated price of approximately £127,145.
3 Sep 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.527 % | £75,000 | £52,145 | £127,145 |
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 | 146.961 % | £110,220 | £185,220 |
3 Month Average | 57.825 % | £43,368 | £118,368 |
6 Month Average | 65.460 % | £49,095 | £124,095 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £169,974 | £167,000 | 14 ALWORTH ROAD |
14 Aug 2023 | £131,147 | £130,000 | 18 ETHEL AVENUE |
4 Aug 2023 | £175,031 | £173,500 | 49 COOPER LANE |
3 Feb 2023 | £169,886 | £170,000 | 23 COOPER LANE |
27 Jan 2023 | £169,203 | £170,000 | 53 COOPER LANE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 5 Jun 2020. Using an estimated price of £127,145 means this house is valued at £1,609 per sq meter (£149 per sq foot).
The average size of a house on CHAIN ROAD is 91 sq meters (979 sq feet).
This house is the largest in the street with a floor area of 79 sq meters (850 sq feet).