£299,913
This estimated value is based upon the latest sale price for the house of £190,000 on 15 Feb 2008. 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 |
---|---|
£190,000 | 15 Feb 2008 |
£58,000 | 27 Sep 1996 |
Terraced |
Freehold |
Floor Area: 106 sq meters or 1,140 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 February 2008 the House Price Index for GREATER MANCHESTER was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £190,000 results in an estimated price of approximately £299,913.
15 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 149.7 | 57.849 % | £190,000 | £109,913 | £299,913 |
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 | 129.486 % | £246,023 | £436,023 |
3 Month Average | 84.500 % | £160,550 | £350,550 |
6 Month Average | 72.768 % | £138,260 | £328,260 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £224,193 | £220,000 | 12 BELGRAVE ROAD |
3 Mar 2023 | £228,821 | £225,000 | FLAT 5 THE CHOIRS, 249 MARSLAND ROAD |
9 Feb 2023 | £518,463 | £515,000 | 19 STANLEY MOUNT |
3 Feb 2023 | £390,106 | £387,500 | 24 STANLEY MOUNT |
8 Jul 2022 | £425,261 | £421,000 | 9 BROGDEN GROVE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 26 Jul 2012. Using an estimated price of £299,913 means this house is valued at £2,829 per sq meter (£262 per sq foot).
The average size of a house on MARSLAND ROAD is 116 sq meters (1,255 sq feet).