£237,916
This estimated value is based upon the latest sale price for the house of £135,000 on 3 Oct 2008. 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 |
---|---|
£135,000 | 3 Oct 2008 |
£130,000 | 25 Jan 2006 |
£49,000 | 12 Sep 1997 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 602 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 2008 the House Price Index for GREATER MANCHESTER was 84.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 76.234%.Applying this 76.234% change to the original purchase price of £135,000 results in an estimated price of approximately £237,916.
3 Oct 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.9 | 149.7 | 76.234 % | £135,000 | £102,916 | £237,916 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 123.446 % | £166,652 | £301,652 |
3 Month Average | 94.995 % | £128,243 | £263,243 |
6 Month Average | 82.423 % | £111,271 | £246,271 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £270,000 | £270,000 | 47 ROEBUCK LANE |
24 Nov 2023 | £312,944 | £305,000 | 4 ALBION STREET |
31 Oct 2023 | £272,693 | £266,500 | 49 ROEBUCK LANE |
27 Oct 2023 | £339,716 | £332,000 | 43 ROEBUCK LANE |
30 Jun 2023 | £239,806 | £235,000 | APARTMENT 2 PROVINCIAL HOUSE, 1A DARLEY STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 22 Oct 2021. Using an estimated price of £237,916 means this house is valued at £4,248 per sq meter (£394 per sq foot).
The average size of a house on ROEBUCK LANE is 81 sq meters (875 sq feet).