£153,937
This estimated value is based upon the latest sale price for the house of £124,000 on 31 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £124,000 | 31 Oct 2018 |
| £85,000 | 16 Nov 2004 |
| £32,000 | 28 Jun 2002 |
| £25,000 | 10 Feb 2000 |
| £25,000 | 16 Aug 1999 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 October 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £124,000 results in an estimated price of approximately £153,937.
| 31 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £124,000 | £29,937 | £153,937 |
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 | 3.942 % | £4,887 | £128,887 |
| 3 Month Average | 41.462 % | £51,412 | £175,412 |
| 6 Month Average | 34.874 % | £43,243 | £167,243 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £208,765 | £205,000 | 63 SMEDLEY LANE |
| 23 Jun 2023 | £165,313 | £162,000 | 3 BUNYARD STREET |
| 25 Jul 2022 | £217,176 | £215,000 | 4 CARADOC AVENUE |
| 25 Apr 2022 | £160,800 | £155,000 | 66 LECESTER ROAD |
| 8 Apr 2022 | £122,416 | £118,000 | 46 SMEDLEY LANE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 31 May 2013. Using an estimated price of £153,938 means this house is valued at £2,443 per sq meter (£227 per sq foot).
There is one other house on the street which we know the size of, this is 2 GLOVER AVENUE it is 64.0