£165,601
This estimated value is based upon the latest sale price for the house of £90,000 on 22 Jun 2009. 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 |
---|---|
£90,000 | 22 Jun 2009 |
£70,000 | 8 Sep 2005 |
£54,000 | 21 Jun 2004 |
£11,000 | 11 Oct 2001 |
£7,000 | 4 Jan 2001 |
Terraced |
Leasehold |
Floor Area: 85 sq meters or 914 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 2009 the House Price Index for GREATER MANCHESTER was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.002%.Applying this 84.002% change to the original purchase price of £90,000 results in an estimated price of approximately £165,601.
22 Jun 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 148.6 | 84.002 % | £90,000 | £75,601 | £165,601 |
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 | 104.577 % | £94,119 | £184,119 |
3 Month Average | 107.775 % | £96,997 | £186,997 |
6 Month Average | 145.475 % | £130,927 | £220,927 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £193,474 | £191,000 | 33 FARRANT ROAD |
14 Feb 2023 | £164,889 | £165,000 | 61 PARKIN STREET |
3 Sep 2021 | £112,345 | £104,256 | 37 MACKENZIE STREET |
8 Mar 2021 | £197,020 | £177,000 | 37 MELLING STREET |
8 Jun 2020 | £125,946 | £104,000 | 8 ELGAR STREET |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 31 Mar 2015. Using an estimated price of £165,602 means this house is valued at £1,948 per sq meter (£180 per sq foot).
The average size of a house on ELGAR STREET is 81 sq meters (875 sq feet).