£232,904
This estimated value is based upon the latest sale price for the house of £47,950 on 30 Jan 1998. 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 |
|---|---|
| £47,950 | 30 Jan 1998 |
| Terraced |
| Leasehold |
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 1998 the House Price Index for GREATER MANCHESTER was 30.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 385.724%.Applying this 385.724% change to the original purchase price of £47,950 results in an estimated price of approximately £232,904.
| 30 Jan 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.8 | 149.7 | 385.724 % | £47,950 | £184,954 | £232,904 |
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 | 281.569 % | £135,012 | £182,962 |
| 3 Month Average | 513.897 % | £246,413 | £294,363 |
| 6 Month Average | 587.005 % | £281,469 | £329,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £36,110 | £35,000 | 79 MELTON ROAD |
| 9 Jun 2022 | £250,352 | £245,000 | 9 EDILOM ROAD |
| 22 Dec 2021 | £129,517 | £120,000 | FLAT 1 KENSINGTON PLACE, 22 MELTON ROAD |
| 23 Nov 2021 | £228,799 | £210,000 | 49 MELTON ROAD |
| 17 Sep 2021 | £146,552 | £135,000 | FLAT 3 KENSINGTON PLACE, 26 MELTON ROAD |