£90,058
This estimated value is based upon the latest sale price for the house of £61,250 on 28 May 2015. 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 |
|---|---|
| £61,250 | 28 May 2015 |
| £20,000 | 3 Apr 1998 |
| £13,000 | 12 Sep 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 May 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £61,250 results in an estimated price of approximately £90,058.
| 28 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £61,250 | £28,808 | £90,058 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 31.169 % | £19,090 | £80,340 |
| 3 Month Average | 118.272 % | £72,441 | £133,691 |
| 6 Month Average | 100.865 % | £61,780 | £123,030 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2022 | £250,352 | £245,000 | 9 EDILOM ROAD |
| 22 Dec 2021 | £129,517 | £120,000 | FLAT 1 KENSINGTON PLACE, 22 MELTON ROAD |
| 23 Nov 2021 | £228,799 | £210,000 | 49 MELTON ROAD |
| 17 Sep 2021 | £146,552 | £135,000 | FLAT 3 KENSINGTON PLACE, 26 MELTON ROAD |
| 30 Jun 2021 | £405,325 | £375,000 | 36 MOXLEY ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 30 Sep 2013. Using an estimated price of £90,059 means this house is valued at £1,184 per sq meter (£110 per sq foot).
The average size of a house on MELTON ROAD is 66 sq meters (712 sq feet).