£662,302
This estimated value is based upon the latest sale price for the house of £500,000 on 13 Oct 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 |
|---|---|
| £500,000 | 13 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 October 2016 the House Price Index for GREATER MANCHESTER was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £500,000 results in an estimated price of approximately £662,302.
| 13 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £500,000 | £162,302 | £662,302 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 42.918 % | £214,589 | £714,589 |
| 3 Month Average | 27.547 % | £137,734 | £637,734 |
| 6 Month Average | 35.843 % | £179,213 | £679,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £355,260 | £350,000 | 9 SKAIFE ROAD |
| 10 Nov 2023 | £376,575 | £371,000 | 6 SKAIFE ROAD |
| 18 Aug 2023 | £312,736 | £310,000 | 27 SKAIFE ROAD |
| 3 Mar 2023 | £439,137 | £435,000 | 166 BROAD ROAD |
| 28 Jul 2022 | £481,296 | £480,000 | 143 BROAD ROAD |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 16 Aug 2016. Using an estimated price of £662,303 means this house is valued at £4,165 per sq meter (£386 per sq foot).
The average size of a house on SKAIFE ROAD is 113 sq meters (1,216 sq feet).