£346,683
This estimated value is based upon the latest sale price for the house of £275,000 on 22 Nov 2017. 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 |
---|---|
£275,000 | 22 Nov 2017 |
Detached |
Freehold |
Floor Area: 169 sq meters or 1,819 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 November 2017 the House Price Index for GREATER MANCHESTER was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £275,000 results in an estimated price of approximately £346,683.
22 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £275,000 | £71,683 | £346,683 |
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 | -45.048 % | £-123,881 | £151,118 |
3 Month Average | 32.979 % | £90,692 | £365,692 |
6 Month Average | 53.693 % | £147,655 | £422,655 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £166,456 | £165,000 | 3 EDSON ROAD |
13 Jan 2023 | £258,383 | £259,600 | 281 MIDDLETON ROAD |
11 Mar 2022 | £184,455 | £178,000 | 4 WELFORD ROAD |
28 Feb 2022 | £183,598 | £175,073 | 7 REDFORD ROAD |
21 Jan 2022 | £126,289 | £120,000 | 1 WINDLE AVENUE |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 18 Apr 2012. Using an estimated price of £346,684 means this house is valued at £2,051 per sq meter (£190 per sq foot).
The average size of a house on MIDDLETON ROAD is 95 sq meters (1,026 sq feet).