£116,386
This estimated value is based upon the latest sale price for the house of £25,000 on 11 Sep 1998. 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 |
|---|---|
| £25,000 | 11 Sep 1998 |
| Terraced |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 1998 the House Price Index for GREATER MANCHESTER was 31.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 365.544%.Applying this 365.544% change to the original purchase price of £25,000 results in an estimated price of approximately £116,386.
| 11 Sep 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.9 | 148.6 | 365.544 % | £25,000 | £91,386 | £116,386 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 331.526 % | £82,881 | £107,881 |
| 3 Month Average | 335.694 % | £83,923 | £108,923 |
| 6 Month Average | 437.281 % | £109,320 | £134,320 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £232,820 | £230,000 | 27 ELMSWOOD AVENUE |
| 24 Mar 2023 | £191,807 | £190,000 | 22 REGENT AVENUE |
| 10 Feb 2023 | £167,387 | £167,500 | 15 PARKSIDE ROAD |
| 28 Jul 2022 | £300,810 | £300,000 | 271 PRINCESS ROAD |
| 20 Apr 2022 | £193,087 | £187,500 | 6 ELMSWOOD AVENUE |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 8 Mar 2016. Using an estimated price of £116,386 means this house is valued at £692 per sq meter (£64 per sq foot).
The average size of a house on PRINCESS ROAD is 113 sq meters (1,223 sq feet).