£284,481
This estimated value is based upon the latest sale price for the house of £166,000 on 25 Oct 2010. 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 |
|---|---|
| £166,000 | 25 Oct 2010 |
| £114,000 | 6 Mar 2003 |
| £25,000 | 27 Jan 1995 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 October 2010 the House Price Index for GREATER MANCHESTER was 87.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.374%.Applying this 71.374% change to the original purchase price of £166,000 results in an estimated price of approximately £284,481.
| 25 Oct 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 149.7 | 71.374 % | £166,000 | £118,481 | £284,481 |
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 | 86.018 % | £142,790 | £308,790 |
| 3 Month Average | 80.942 % | £134,363 | £300,363 |
| 6 Month Average | 66.072 % | £109,680 | £275,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2023 | £255,635 | £250,000 | 169 - 171 CROSS STREET |
| 18 Aug 2023 | £254,592 | £250,000 | APARTMENT 17 MAPLE COURT 145-149 CROSS STREET |
| 26 Jun 2023 | £256,133 | £251,000 | 19 GORDON AVENUE |
| 9 Jun 2023 | £224,499 | £220,000 | 1 VENTNOR AVENUE |
| 10 Mar 2023 | £284,755 | £280,000 | 39 ELM GROVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 1 Jun 2010. Using an estimated price of £284,482 means this house is valued at £3,950 per sq meter (£366 per sq foot).
The average size of a house on ELM GROVE is 81 sq meters (881 sq feet).