£131,580
This estimated value is based upon the latest sale price for the house of £105,000 on 28 Jun 2018. 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 |
---|---|
£105,000 | 28 Jun 2018 |
£62,000 | 17 May 2017 |
£62,000 | 17 May 2017 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 968 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 June 2018 the House Price Index for GREATER MANCHESTER was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £105,000 results in an estimated price of approximately £131,580.
28 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 149.7 | 25.315 % | £105,000 | £26,580 | £131,580 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 39.129 % | £41,085 | £146,085 |
3 Month Average | 32.743 % | £34,380 | £139,380 |
6 Month Average | 50.501 % | £53,026 | £158,026 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £140,827 | £136,500 | 12 PENZANCE STREET |
20 Mar 2023 | £99,664 | £98,000 | 2 HULME HALL LANE |
14 Jun 2022 | £224,805 | £220,000 | UNIT 2 5 LORD NORTH STREET |
4 May 2022 | £205,350 | £200,000 | UNIT 1 5 LORD NORTH STREET |
14 Apr 2022 | £166,506 | £160,500 | 152 BROOKHILL STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 13 Nov 2017. Using an estimated price of £131,581 means this house is valued at £1,462 per sq meter (£135 per sq foot).
The average size of a house on NEW STREET is 137 sq meters (1,480 sq feet).
This house is the smallest in the street with a floor area of 90 sq meters (968 sq feet).