£234,998
This estimated value is based upon the latest sale price for the house of £134,995 on 24 Jul 2011. 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 |
---|---|
£134,995 | 24 Jul 2011 |
Terraced |
Leasehold |
Floor Area: 87 sq meters or 936 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 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £134,995 results in an estimated price of approximately £234,998.
24 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.080 % | £134,995 | £100,003 | £234,998 |
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 | 31.683 % | £42,770 | £177,765 |
3 Month Average | 76.038 % | £102,647 | £237,642 |
6 Month Average | 84.203 % | £113,669 | £248,664 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £187,887 | £185,000 | 18 LONGSHAW CLOSE |
19 Oct 2023 | £213,857 | £209,000 | 34 CELIA STREET |
28 Apr 2023 | £193,622 | £190,000 | 3 BRIGHTSIDE ROAD |
1 Jul 2022 | £191,923 | £190,000 | 27 BRIGHTSIDE ROAD |
17 Dec 2021 | £178,086 | £165,000 | 21 BRIGHTSIDE ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 15 Sep 2021. Using an estimated price of £234,999 means this house is valued at £2,701 per sq meter (£250 per sq foot).
The average size of a house on BRIGHTSIDE ROAD is 83 sq meters (896 sq feet).