£271,709
This estimated value is based upon the latest sale price for the house of £235,000 on 17 Dec 2020. 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 |
---|---|
£235,000 | 17 Dec 2020 |
£205,000 | 27 Oct 2017 |
£171,000 | 7 Nov 2014 |
£139,950 | 7 Dec 2009 |
£52,500 | 30 Jan 1998 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 December 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £235,000 results in an estimated price of approximately £271,709.
17 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £235,000 | £36,709 | £271,709 |
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 | 16.885 % | £39,679 | £274,679 |
3 Month Average | 6.320 % | £14,851 | £249,851 |
6 Month Average | 5.303 % | £12,462 | £247,462 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Sep 2023 | £255,635 | £250,000 | 169 - 171 CROSS STREET |
18 Aug 2023 | £254,592 | £250,000 | APARTMENT 17 MAPLE COURT 145-149 CROSS STREET |
26 Jun 2023 | £256,133 | £251,000 | 19 GORDON AVENUE |
10 Mar 2023 | £284,755 | £280,000 | 39 ELM GROVE |
27 Jan 2023 | £290,777 | £290,000 | 27 GORDON AVENUE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 11 Feb 2015. Using an estimated price of £271,709 means this house is valued at £3,528 per sq meter (£327 per sq foot).
The average size of a house on FLORENCE STREET is 101 sq meters (1,090 sq feet).