£253,108
This estimated value is based upon the latest sale price for the house of £135,000 on 21 Apr 2005. 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 |
---|---|
£135,000 | 21 Apr 2005 |
£122,500 | 12 Mar 2001 |
Flats/Maisonettes |
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 April 2005 the House Price Index for GREATER MANCHESTER was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £135,000 results in an estimated price of approximately £253,108.
21 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 149.7 | 87.488 % | £135,000 | £118,108 | £253,108 |
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 | 106.456 % | £143,716 | £278,716 |
3 Month Average | 99.114 % | £133,804 | £268,804 |
6 Month Average | 91.616 % | £123,681 | £258,681 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £322,100 | £315,000 | 30 HYDE GROVE |
19 Sep 2023 | £243,365 | £238,000 | 1 HYDE GROVE |
14 Apr 2023 | £419,853 | £412,000 | 5 OSBORNE TERRACE |
12 Apr 2023 | £254,765 | £250,000 | 2 HYDE GROVE |
18 Jan 2023 | £428,144 | £427,000 | 17 OSBORNE TERRACE |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 7 Sep 2016. Using an estimated price of £253,109 means this house is valued at £7,444 per sq meter (£691 per sq foot).
The average size of a house on SPRINGFIELD ROAD is 75 sq meters (816 sq feet).
This house is the smallest in the street with a floor area of 34 sq meters (365 sq feet).