£119,783
This estimated value is based upon the latest sale price for the house of £50,000 on 11 Apr 2003. 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 |
---|---|
£50,000 | 11 Apr 2003 |
£22,950 | 14 Sep 2001 |
Terraced |
Leasehold |
Floor Area: 64 sq meters or 688 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 2003 the House Price Index for GREATER MANCHESTER was 62.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 139.568%.Applying this 139.568% change to the original purchase price of £50,000 results in an estimated price of approximately £119,783.
11 Apr 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.0 | 148.6 | 139.568 % | £50,000 | £69,783 | £119,783 |
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 | 161.246 % | £80,623 | £130,623 |
3 Month Average | 174.593 % | £87,296 | £137,296 |
6 Month Average | 211.184 % | £105,591 | £155,591 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Nov 2023 | £208,081 | £205,000 | 2 SANTON AVENUE |
6 Nov 2023 | £203,005 | £200,000 | 148 BRAEMAR ROAD |
30 Jun 2023 | £485,886 | £480,000 | 38 ABERGELE ROAD |
15 Feb 2023 | £394,734 | £395,000 | 184 BRAILSFORD ROAD |
12 Jan 2023 | £176,170 | £177,000 | 172 BRAILSFORD ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 17 Jan 2020. Using an estimated price of £119,784 means this house is valued at £1,871 per sq meter (£173 per sq foot).
The average size of a house on ABERGELE ROAD is 84 sq meters (911 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).