£111,491
This estimated value is based upon the latest sale price for the house of £59,950 on 24 Jun 2005. 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 |
---|---|
£59,950 | 24 Jun 2005 |
£34,950 | 9 Feb 2004 |
£15,000 | 3 Jul 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 50 sq meters or 538 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 2005 the House Price Index for GREATER MANCHESTER was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £59,950 results in an estimated price of approximately £111,491.
24 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.5 | 149.7 | 85.975 % | £59,950 | £51,541 | £111,491 |
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 | 103.320 % | £61,940 | £121,890 |
3 Month Average | 172.859 % | £103,628 | £163,578 |
6 Month Average | 161.303 % | £96,701 | £156,651 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £234,712 | £227,500 | 99 EAST ROAD |
14 Apr 2023 | £234,384 | £230,000 | 23 CALBOURNE CRESCENT |
9 Mar 2023 | £148,480 | £146,000 | 196 PINK BANK LANE |
23 May 2022 | £225,885 | £220,000 | 15 CALBOURNE CRESCENT |
7 Feb 2022 | £139,452 | £132,000 | 20 CALBOURNE CRESCENT |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 8 Aug 2013. Using an estimated price of £111,492 means this house is valued at £2,229 per sq meter (£207 per sq foot).
The average size of a house on TOTLAND CLOSE is 53 sq meters (570 sq feet).