£248,599
This estimated value is based upon the latest sale price for the house of £230,000 on 18 Jun 2021. 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 |
---|---|
£230,000 | 18 Jun 2021 |
£214,995 | 21 Jun 2007 |
Terraced |
Freehold |
Floor Area: 140 sq meters or 1,506 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 June 2021 the House Price Index for GREATER MANCHESTER was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £230,000 results in an estimated price of approximately £248,599.
18 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £230,000 | £18,599 | £248,599 |
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 | 4.924 % | £11,324 | £241,324 |
3 Month Average | 14.106 % | £32,442 | £262,442 |
6 Month Average | 16.375 % | £37,662 | £267,662 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2024 | £277,409 | £275,000 | 39 SADDLECOTE CLOSE |
31 Mar 2023 | £162,717 | £160,000 | 61 SADDLECOTE CLOSE |
22 Mar 2023 | £183,057 | £180,000 | 22 CHARMINSTER DRIVE |
26 Oct 2022 | £200,082 | £200,750 | 19 SPRINGFIELD AVENUE |
2 Sep 2022 | £119,920 | £120,000 | 45 SADDLECOTE CLOSE |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 23 Jan 2019. Using an estimated price of £248,599 means this house is valued at £1,775 per sq meter (£164 per sq foot).
The average size of a house on SADDLECOTE CLOSE is 95 sq meters (1,030 sq feet).
This house is the largest in the street with a floor area of 140 sq meters (1,506 sq feet).