£225,765
This estimated value is based upon the latest sale price for the house of £195,000 on 12 Jul 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 |
---|---|
£195,000 | 12 Jul 2021 |
£189,950 | 22 Jun 2018 |
£150,000 | 25 Sep 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 2021 the House Price Index for GREATER MANCHESTER was 129.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.777%.Applying this 15.777% change to the original purchase price of £195,000 results in an estimated price of approximately £225,765.
12 Jul 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.3 | 149.7 | 15.777 % | £195,000 | £30,765 | £225,765 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 47.084 % | £91,814 | £286,814 |
3 Month Average | 5.835 % | £11,378 | £206,378 |
6 Month Average | -11.207 % | £-21,852 | £173,147 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £411,320 | £405,000 | 10 TENBY AVENUE |
25 Jul 2022 | £409,099 | £405,000 | FLAT 1 HOLLY ROYDE HOUSE, 56 PALATINE ROAD |
19 Nov 2021 | £196,114 | £180,000 | FLAT 13 EVERETT COURT ALDBOROUGH CLOSE |
27 Sep 2021 | £255,109 | £235,000 | FLAT 12 HOLLY COURT PALATINE ROAD |
16 Sep 2021 | £255,109 | £235,000 | FLAT 2 40 PALATINE ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 14 Jul 2015. Using an estimated price of £225,766 means this house is valued at £3,826 per sq meter (£355 per sq foot).
The average size of a house on PALATINE ROAD is 80 sq meters (868 sq feet).