£153,184
This estimated value is based upon the latest sale price for the house of £110,000 on 26 Nov 2015. 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 |
---|---|
£110,000 | 26 Nov 2015 |
£94,995 | 13 Aug 2004 |
Terraced |
Leasehold |
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 November 2015 the House Price Index for GREATER MANCHESTER was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £110,000 results in an estimated price of approximately £153,184.
26 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £110,000 | £43,184 | £153,184 |
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 | -39.952 % | £-43,947 | £66,052 |
3 Month Average | 83.779 % | £92,157 | £202,157 |
6 Month Average | 105.695 % | £116,264 | £226,264 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £213,740 | £210,000 | 1 ABBOTSFIELD COURT |
20 Sep 2023 | £141,813 | £140,000 | 64 MARTINGALE COURT |
19 Jul 2023 | £121,637 | £120,000 | 11 MARTINGALE COURT |
8 Jun 2023 | £192,330 | £190,000 | 3 ABBOTSFIELD COURT |
26 Aug 2022 | £204,450 | £205,000 | 27 ABBOTSFIELD COURT |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 4 Sep 2020. Using an estimated price of £153,184 means this house is valued at £2,596 per sq meter (£241 per sq foot).
The average size of a house on KNIGHTSWOOD ROAD is 88 sq meters (955 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).