£339,648
This estimated value is based upon the latest sale price for the house of £140,000 on 20 Mar 2003. 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 |
---|---|
£140,000 | 20 Mar 2003 |
£87,500 | 9 Oct 1998 |
£56,000 | 1 Jul 1998 |
Semi-Detached |
Freehold |
Floor Area: 98 sq meters or 1,054 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 March 2003 the House Price Index for GREATER MANCHESTER was 61.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 142.606%.Applying this 142.606% change to the original purchase price of £140,000 results in an estimated price of approximately £339,648.
20 Mar 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
61.3 | 148.6 | 142.606 % | £140,000 | £199,648 | £339,648 |
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 | 139.032 % | £194,644 | £334,644 |
3 Month Average | 154.485 % | £216,278 | £356,278 |
6 Month Average | 164.505 % | £230,306 | £370,306 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £481,480 | £475,000 | 41 URBAN ROAD |
22 Feb 2023 | £314,788 | £315,000 | 18 SIMONS CLOSE |
27 Jan 2023 | £303,570 | £305,000 | 40 HAMPDEN ROAD |
23 Sep 2022 | £391,836 | £395,000 | 83 URBAN ROAD |
26 Aug 2022 | £529,575 | £531,000 | 34 URBAN ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 16 Oct 2019. Using an estimated price of £339,649 means this house is valued at £3,465 per sq meter (£321 per sq foot).
The average size of a house on URBAN ROAD is 104 sq meters (1,127 sq feet).