£112,644
This estimated value is based upon the latest sale price for the house of £28,500 on 2 Feb 2000. 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 |
|---|---|
| £28,500 | 2 Feb 2000 |
| £15,000 | 28 May 1999 |
| Terraced |
| Leasehold |
| Floor Area: 161 sq meters or 1,732 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 February 2000 the House Price Index for GREATER MANCHESTER was 37.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 295.245%.Applying this 295.245% change to the original purchase price of £28,500 results in an estimated price of approximately £112,644.
| 2 Feb 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.9 | 149.7 | 295.245 % | £28,500 | £84,144 | £112,644 |
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 | 373.311 % | £106,393 | £134,893 |
| 3 Month Average | 496.729 % | £141,567 | £170,067 |
| 6 Month Average | 567.206 % | £161,653 | £190,153 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jun 2024 | £430,000 | £430,000 | 67 CRUMPSALL LANE |
| 28 Mar 2024 | £314,837 | £310,000 | 12 HOUGHTON ROAD |
| 11 Nov 2022 | £179,162 | £180,000 | 9 EADINGTON STREET |
| 9 Sep 2022 | £264,823 | £265,000 | 13 HERMITAGE ROAD |
| 6 May 2022 | £333,693 | £325,000 | 10 HOUGHTON ROAD |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 28 Nov 2014. Using an estimated price of £112,645 means this house is valued at £699 per sq meter (£65 per sq foot).
The average size of a house on HERMITAGE ROAD is 145 sq meters (1,565 sq feet).