£169,756
This estimated value is based upon the latest sale price for the house of £58,950 on 14 Jun 2002. 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 |
---|---|
£58,950 | 14 Jun 2002 |
Semi-Detached |
Leasehold |
Floor Area: 79 sq meters or 850 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 June 2002 the House Price Index for GREATER MANCHESTER was 52.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 187.968%.Applying this 187.968% change to the original purchase price of £58,950 results in an estimated price of approximately £169,756.
14 Jun 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
52.0 | 149.7 | 187.968 % | £58,950 | £110,806 | £169,756 |
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 | 228.219 % | £134,534 | £193,484 |
3 Month Average | 366.632 % | £216,129 | £275,079 |
6 Month Average | 382.375 % | £225,410 | £284,360 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £216,657 | £210,000 | 3 OLANYIAN DRIVE |
27 Nov 2023 | £235,990 | £230,000 | 8 BLOOMFIELD DRIVE |
4 Sep 2023 | £511,271 | £500,000 | 130 FAIRY LANE |
24 Aug 2023 | £208,765 | £205,000 | 1 OLANYIAN DRIVE |
28 Feb 2023 | £176,177 | £175,000 | 19 JAMESON CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 18 Feb 2020. Using an estimated price of £169,757 means this house is valued at £2,148 per sq meter (£199 per sq foot).
The average size of a house on FAIRY LANE is 72 sq meters (779 sq feet).