£82,340
This estimated value is based upon the latest sale price for the house of £55,000 on 21 Oct 2014. 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 |
---|---|
£55,000 | 21 Oct 2014 |
Terraced |
Leasehold |
Floor Area: 88 sq meters or 947 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 October 2014 the House Price Index for GREATER MANCHESTER was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £55,000 results in an estimated price of approximately £82,340.
21 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £55,000 | £27,340 | £82,340 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 260.731 % | £143,402 | £198,402 |
3 Month Average | 57.319 % | £31,525 | £86,525 |
6 Month Average | 55.712 % | £30,641 | £85,641 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £164,434 | £162,000 | 116 OLD ROAD |
26 Jul 2023 | £111,501 | £110,000 | 120 OLD ROAD |
13 Apr 2023 | £116,252 | £115,000 | 56 SURREY ROAD |
30 Mar 2023 | £66,628 | £66,000 | 9 ELDER MOUNT ROAD |
23 May 2022 | £163,582 | £160,500 | 95 OLD ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 29 Aug 2017. Using an estimated price of £82,341 means this house is valued at £935 per sq meter (£86 per sq foot).
The average size of a house on OLD ROAD is 93 sq meters (1,009 sq feet).