£451,712
This estimated value is based upon the latest sale price for the house of £155,000 on 31 May 2002. 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 |
|---|---|
| £155,000 | 31 May 2002 |
| Detached |
| Freehold |
| Floor Area: 175 sq meters or 1,883 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 2002 the House Price Index for GREATER MANCHESTER was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £155,000 results in an estimated price of approximately £451,712.
| 31 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £155,000 | £296,712 | £451,712 |
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 | 53.735 % | £83,288 | £238,288 |
| 3 Month Average | 320.645 % | £497,000 | £652,000 |
| 6 Month Average | 401.556 % | £622,412 | £777,412 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2023 | £197,930 | £195,000 | 45 WATKINS DRIVE |
| 30 Aug 2023 | £166,456 | £165,000 | 3 EDSON ROAD |
| 28 Apr 2023 | £144,556 | £143,000 | 55 WATKINS DRIVE |
| 28 Apr 2023 | £83,398 | £82,500 | 67 WATKINS DRIVE |
| 13 Jan 2023 | £258,383 | £259,600 | 281 MIDDLETON ROAD |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 11 Nov 2013. Using an estimated price of £451,713 means this house is valued at £2,581 per sq meter (£239 per sq foot).
The average size of a house on MIDDLETON ROAD is 95 sq meters (1,026 sq feet).