£207,674
This estimated value is based upon the latest sale price for the house of £116,000 on 23 Jan 2006. 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 |
|---|---|
| £116,000 | 23 Jan 2006 |
| £79,950 | 26 May 2004 |
| £15,000 | 3 Apr 1998 |
| £13,273 | 11 Mar 1998 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 January 2006 the House Price Index for GREATER MANCHESTER was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.030%.Applying this 79.030% change to the original purchase price of £116,000 results in an estimated price of approximately £207,674.
| 23 Jan 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.030 % | £116,000 | £91,674 | £207,674 |
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 | -41.627 % | £-48,287 | £67,712 |
| 3 Month Average | 62.799 % | £72,846 | £188,846 |
| 6 Month Average | 90.022 % | £104,425 | £220,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Nov 2022 | £177,846 | £180,000 | 9 EADINGTON STREET |
| 21 Apr 2022 | £242,003 | £235,000 | 72 LANSDOWNE ROAD |
| 10 Feb 2022 | £206,593 | £197,000 | 14 EADINGTON STREET |
| 14 Sep 2021 | £247,846 | £230,000 | 37 LANSDOWNE ROAD |
| 14 Jul 2021 | £180,435 | £157,000 | 2 CLAUDE STREET |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 3 Oct 2016. Using an estimated price of £207,674 means this house is valued at £2,209 per sq meter (£205 per sq foot).
The average size of a house on CRAVENWOOD ROAD is 120 sq meters (1,301 sq feet).