£167,680
This estimated value is based upon the latest sale price for the house of £166,000 on 22 Jul 2022. 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 |
---|---|
£166,000 | 22 Jul 2022 |
£139,000 | 10 Jun 2016 |
£123,000 | 29 Jul 2008 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 495 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 2022 the House Price Index for GREATER MANCHESTER was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £166,000 results in an estimated price of approximately £167,680.
22 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.2 | 149.7 | 1.012 % | £166,000 | £1,680 | £167,680 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 55.565 % | £92,238 | £258,238 |
3 Month Average | 12.959 % | £21,511 | £187,511 |
6 Month Average | -4.857 % | £-8,062 | £157,937 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £241,121 | £235,000 | 1 CENTRAL ROAD |
31 Oct 2023 | £235,345 | £230,000 | 27A CENTRAL ROAD |
6 Oct 2023 | £186,230 | £182,000 | FLAT 9 29 - 31 CENTRAL ROAD |
29 Jun 2023 | £256,133 | £251,000 | FLAT B 27 GOULDEN ROAD |
19 Aug 2022 | £723,985 | £720,600 | 31 GOULDEN ROAD |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 31 Jan 2015. Using an estimated price of £167,680 means this house is valued at £3,645 per sq meter (£338 per sq foot).
The average size of a house on GOULDEN ROAD is 135 sq meters (1,463 sq feet).