£277,283
This estimated value is based upon the latest sale price for the house of £149,710 on 8 Jul 2005. 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 |
|---|---|
| £149,710 | 8 Jul 2005 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 July 2005 the House Price Index for GREATER MANCHESTER was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.214%.Applying this 85.214% change to the original purchase price of £149,710 results in an estimated price of approximately £277,283.
| 8 Jul 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 149.7 | 85.214 % | £149,710 | £127,573 | £277,283 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | 105.677 % | £158,208 | £307,918 |
| 3 Month Average | 174.309 % | £260,957 | £410,667 |
| 6 Month Average | 154.340 % | £231,061 | £380,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £238,667 | £235,000 | 49 HEMMONS ROAD |
| 14 Dec 2023 | £221,816 | £215,000 | 11 SUTCLIFFE AVENUE |
| 11 Apr 2023 | £163,050 | £160,000 | 38 NORTON AVENUE |
| 11 Nov 2022 | £189,116 | £190,000 | 38 RINGWOOD AVENUE |
| 27 May 2022 | £225,885 | £220,000 | 17 RINGWOOD AVENUE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 27 Jun 2014. Using an estimated price of £277,283 means this house is valued at £3,697 per sq meter (£343 per sq foot).
The average size of a house on HEMMONS ROAD is 71 sq meters (768 sq feet).