£192,312
This estimated value is based upon the latest sale price for the house of £117,000 on 28 Jul 2008. 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 |
|---|---|
| £117,000 | 28 Jul 2008 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2008 the House Price Index for GREATER MANCHESTER was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £117,000 results in an estimated price of approximately £192,312.
| 28 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.370 % | £117,000 | £75,312 | £192,312 |
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 | 47.055 % | £55,054 | £172,054 |
| 3 Month Average | 43.000 % | £50,310 | £167,310 |
| 6 Month Average | 67.187 % | £78,609 | £195,609 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £177,267 | £175,000 | 16 EDLIN CLOSE |
| 18 Jul 2023 | £337,036 | £332,500 | 225 HYDE ROAD |
| 22 Jun 2023 | £308,740 | £305,000 | 276 STOCKPORT ROAD |
| 25 Jan 2023 | £263,758 | £265,000 | 29 TROWTREE AVENUE |
| 25 Jan 2023 | £184,133 | £185,000 | 31 SOUTH STREET |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 7 Jul 2014. Using an estimated price of £192,313 means this house is valued at £2,003 per sq meter (£186 per sq foot).
There is one other house on the street which we know the size of, this is 3 MILNTHORPE WAY it is 96.0