£155,862
This estimated value is based upon the latest sale price for the house of £97,500 on 24 Apr 2008. 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 |
---|---|
£97,500 | 24 Apr 2008 |
£78,000 | 12 Jul 2004 |
Terraced |
Freehold |
Floor Area: 75 sq meters or 807 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 2008 the House Price Index for GREATER MANCHESTER was 93.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.859%.Applying this 59.859% change to the original purchase price of £97,500 results in an estimated price of approximately £155,862.
24 Apr 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.6 | 149.7 | 59.859 % | £97,500 | £58,362 | £155,862 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 172.322 % | £168,013 | £265,513 |
3 Month Average | 99.817 % | £97,321 | £194,821 |
6 Month Average | 64.345 % | £62,736 | £160,236 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £203,157 | £198,000 | 20 LLOYD STREET SOUTH |
28 Apr 2023 | £178,845 | £175,500 | 36 DRIFFIELD STREET |
24 Apr 2023 | £178,336 | £175,000 | 28 MARKINGTON STREET |
13 Feb 2023 | £171,647 | £170,500 | 3 DRIFFIELD STREET |
6 Sep 2022 | £114,923 | £115,000 | 14 HENBURY STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 12 Mar 2020. Using an estimated price of £155,862 means this house is valued at £2,078 per sq meter (£193 per sq foot).
The average size of a house on MARKINGTON STREET is 104 sq meters (1,123 sq feet).