£249,250
This estimated value is based upon the latest sale price for the house of £166,500 on 30 Jan 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 |
---|---|
£166,500 | 30 Jan 2015 |
Flats/Maisonettes |
Leasehold |
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 January 2015 the House Price Index for GREATER MANCHESTER was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £166,500 results in an estimated price of approximately £249,250.
30 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 149.7 | 49.700 % | £166,500 | £82,750 | £249,250 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 77.926 % | £129,747 | £296,247 |
3 Month Average | 72.925 % | £121,420 | £287,920 |
6 Month Average | 43.321 % | £72,129 | £238,629 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £411,320 | £405,000 | 10 TENBY AVENUE |
25 Jul 2022 | £409,099 | £405,000 | FLAT 1 HOLLY ROYDE HOUSE, 56 PALATINE ROAD |
19 Nov 2021 | £196,114 | £180,000 | FLAT 13 EVERETT COURT ALDBOROUGH CLOSE |
27 Sep 2021 | £255,109 | £235,000 | FLAT 12 HOLLY COURT PALATINE ROAD |
16 Sep 2021 | £255,109 | £235,000 | FLAT 2 40 PALATINE ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 1 Oct 2014. Using an estimated price of £249,250 means this house is valued at £3,776 per sq meter (£350 per sq foot).
The average size of a house on PALATINE ROAD is 80 sq meters (868 sq feet).