£31,194
This estimated value is based upon the latest sale price for the house of £18,000 on 25 Mar 2011. 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 |
|---|---|
| £18,000 | 25 Mar 2011 |
| Terraced |
| Leasehold |
| Floor Area: 34 sq meters or 365 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 March 2011 the House Price Index for GREATER MANCHESTER was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.305%.Applying this 73.305% change to the original purchase price of £18,000 results in an estimated price of approximately £31,194.
| 25 Mar 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.305 % | £18,000 | £13,194 | £31,194 |
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 | 54.015 % | £9,722 | £27,722 |
| 3 Month Average | 85.321 % | £15,357 | £33,357 |
| 6 Month Average | 81.065 % | £14,591 | £32,591 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £113,487 | £110,000 | 19 PENN STREET |
| 20 Jun 2022 | £143,058 | £140,000 | 40 BRODICK STREET |
| 1 Feb 2022 | £166,920 | £158,000 | 20 WARD STREET |
| 25 Jan 2022 | £116,622 | £110,000 | 20 PENN STREET |
| 25 Jan 2022 | £121,923 | £115,000 | 4 BIRCHENALL STREET |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 25 May 2012. Using an estimated price of £31,195 means this house is valued at £917 per sq meter (£85 per sq foot).
There is one other house on the street which we know the size of, this is 1 HARTLEY STREET it is 66.0