£278,646
This estimated value is based upon the latest sale price for the house of £241,000 on 4 Dec 2020. 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 |
---|---|
£241,000 | 4 Dec 2020 |
£141,500 | 28 Oct 2013 |
£97,950 | 12 Dec 2002 |
£52,500 | 13 Mar 1998 |
£47,000 | 8 Mar 1996 |
Terraced |
Freehold |
Floor Area: 87 sq meters or 938 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 December 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £241,000 results in an estimated price of approximately £278,646.
4 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £241,000 | £37,646 | £278,646 |
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 | 16.885 % | £40,692 | £281,692 |
3 Month Average | 6.320 % | £15,230 | £256,230 |
6 Month Average | 5.303 % | £12,780 | £253,780 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Apr 2024 | £327,847 | £325,000 | 11 BOUNDARY GROVE |
1 Mar 2024 | £492,568 | £485,000 | 1 BOUNDARY GROVE |
8 Dec 2023 | £294,035 | £285,000 | 8 BOUNDARY GROVE |
29 Sep 2023 | £270,973 | £265,000 | 98 HOYLAKE ROAD |
22 Sep 2023 | £418,219 | £409,000 | 36 SANDFORD ROAD |
This house has a floor area of 87 sq meters or 938 sq feet when measured on 16 Feb 2011. Using an estimated price of £278,646 means this house is valued at £3,197 per sq meter (£297 per sq foot).
The average size of a house on NORRIS ROAD is 102 sq meters (1,107 sq feet).