£150,776
This estimated value is based upon the latest sale price for the house of £95,000 on 19 Mar 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 |
---|---|
£95,000 | 19 Mar 2008 |
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 March 2008 the House Price Index for GREATER MANCHESTER was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.712%.Applying this 58.712% change to the original purchase price of £95,000 results in an estimated price of approximately £150,776.
19 Mar 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 149.7 | 58.712 % | £95,000 | £55,776 | £150,776 |
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 | -3.429 % | £-3,258 | £91,741 |
3 Month Average | 41.128 % | £39,071 | £134,071 |
6 Month Average | 45.507 % | £43,231 | £138,231 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Oct 2023 | £234,322 | £229,000 | 15 CARDINAL STREET |
24 Mar 2023 | £96,613 | £95,000 | APARTMENT 1 18 APPLETON STREET |
26 Aug 2022 | £110,517 | £110,000 | APARTMENT 4 18 APPLETON STREET |
8 Dec 2021 | £184,562 | £171,000 | 17 HUMBER STREET |
2 Jul 2021 | £138,933 | £120,000 | 2 ALMS HILL ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 8 May 2014. Using an estimated price of £150,776 means this house is valued at £1,449 per sq meter (£134 per sq foot).
The average size of a house on CARDINAL STREET is 99 sq meters (1,069 sq feet).