£113,526
This estimated value is based upon the latest sale price for the house of £26,000 on 8 Jul 1999. 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 |
|---|---|
| £26,000 | 8 Jul 1999 |
| £12,500 | 19 Feb 1999 |
| Terraced |
| Freehold |
| 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 July 1999 the House Price Index for GREATER MANCHESTER was 34.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 336.640%.Applying this 336.640% change to the original purchase price of £26,000 results in an estimated price of approximately £113,526.
| 8 Jul 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.3 | 149.7 | 336.640 % | £26,000 | £87,526 | £113,526 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 323.455 % | £84,098 | £110,098 |
| 3 Month Average | 514.954 % | £133,888 | £159,888 |
| 6 Month Average | 566.500 % | £147,290 | £173,290 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £77,378 | £75,000 | 11 WELLMEAD CLOSE |
| 18 Aug 2023 | £86,561 | £85,000 | 49 WELLMEAD CLOSE |
| 28 Jun 2023 | £79,595 | £78,000 | 43 WELLMEAD CLOSE |
| 6 Jul 2022 | £126,265 | £125,000 | 5 ST ALBANS TERRACE |
| 27 May 2022 | £161,200 | £157,000 | 12 ST ALBANS TERRACE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 14 Feb 2014. Using an estimated price of £113,527 means this house is valued at £1,991 per sq meter (£185 per sq foot).
The average size of a house on SANDSEND CLOSE is 58 sq meters (625 sq feet).