£149,185
This estimated value is based upon the latest sale price for the house of £87,000 on 20 Jul 2012. 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 |
|---|---|
| £87,000 | 20 Jul 2012 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 July 2012 the House Price Index for GREATER MANCHESTER was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £87,000 results in an estimated price of approximately £149,185.
| 20 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £87,000 | £62,185 | £149,185 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | 87.844 % | £76,424 | £163,424 |
| 3 Month Average | 159.173 % | £138,480 | £225,480 |
| 6 Month Average | 130.948 % | £113,924 | £200,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £203,121 | £200,000 | 31 MELLING STREET |
| 8 Sep 2023 | £195,305 | £191,000 | 33 FARRANT ROAD |
| 8 Nov 2021 | £114,400 | £105,000 | 5 MELLING STREET |
| 8 Mar 2021 | £198,479 | £177,000 | 37 MELLING STREET |
| 8 Jun 2020 | £126,878 | £104,000 | 8 ELGAR STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 24 Oct 2013. Using an estimated price of £149,186 means this house is valued at £2,260 per sq meter (£209 per sq foot).
The average size of a house on FARRANT ROAD is 83 sq meters (898 sq feet).