£85,658
This estimated value is based upon the latest sale price for the house of £62,950 on 31 Mar 2016. 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 |
---|---|
£62,950 | 31 Mar 2016 |
£11,500 | 9 Dec 1998 |
£16,950 | 28 Feb 1997 |
£8,000 | 20 Dec 1996 |
£13,000 | 8 Dec 1995 |
Terraced |
Freehold |
Floor Area: 59 sq meters or 635 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 2016 the House Price Index for GREATER MANCHESTER was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £62,950 results in an estimated price of approximately £85,658.
31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £62,950 | £22,708 | £85,658 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 84.124 % | £52,955 | £115,905 |
3 Month Average | 83.542 % | £52,589 | £115,539 |
6 Month Average | 87.687 % | £55,198 | £118,148 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £113,487 | £110,000 | 19 PENN STREET |
19 Aug 2022 | £90,423 | £90,000 | 26 EBSWORTH STREET |
11 Mar 2022 | £84,559 | £81,000 | 6 EBSWORTH STREET |
1 Feb 2022 | £166,920 | £158,000 | 20 WARD STREET |
25 Jan 2022 | £121,923 | £115,000 | 4 BIRCHENALL STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 29 Apr 2015. Using an estimated price of £85,658 means this house is valued at £1,451 per sq meter (£134 per sq foot).
The average size of a house on PENN STREET is 70 sq meters (758 sq feet).