£242,707
This estimated value is based upon the latest sale price for the house of £142,500 on 8 Sep 2006. 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 |
|---|---|
| £142,500 | 8 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 September 2006 the House Price Index for GREATER MANCHESTER was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £142,500 results in an estimated price of approximately £242,707.
| 8 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £142,500 | £100,207 | £242,707 |
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 | 19.060 % | £27,159 | £169,659 |
| 3 Month Average | 35.890 % | £51,142 | £193,642 |
| 6 Month Average | 71.302 % | £101,604 | £244,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £18,663 | £18,500 | UNIT 226A MONTGOMERY HOUSE DEMESNE ROAD |
| 4 Jul 2023 | £13,177 | £13,000 | UNIT 17A MONTGOMERY HOUSE DEMESNE ROAD |
| 14 Jun 2023 | £14,068 | £13,898 | UNIT 123A MONTGOMERY HOUSE DEMESNE ROAD |
| 31 Mar 2023 | £290,234 | £287,500 | 3 PRESTBURY AVENUE |
| 28 Feb 2023 | £19,487 | £19,500 | UNIT 319 M MONTGOMERY HOUSE DEMESNE ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 7 May 2013. Using an estimated price of £242,708 means this house is valued at £2,333 per sq meter (£216 per sq foot).
The average size of a house on PRINCESS ROAD is 113 sq meters (1,223 sq feet).