£137,151
This estimated value is based upon the latest sale price for the house of £24,500 on 27 Jun 1996. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £24,500 | 27 Jun 1996 |
| 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 June 1996 the House Price Index for GREATER MANCHESTER was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 459.800%.Applying this 459.800% change to the original purchase price of £24,500 results in an estimated price of approximately £137,151.
| 27 Jun 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 148.6 | 459.800 % | £24,500 | £112,651 | £137,151 |
The Postcode Pricing Model uses changes in average sales price within the M27 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 | 256.695 % | £62,890 | £87,390 |
| 3 Month Average | 431.300 % | £105,668 | £130,168 |
| 6 Month Average | 411.751 % | £100,879 | £125,379 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £159,796 | £157,000 | 655 MANCHESTER ROAD |
| 29 Nov 2023 | £167,480 | £165,000 | 19 WARWICK AVENUE |
| 4 Sep 2023 | £243,108 | £240,000 | 590 MANCHESTER ROAD |
| 31 Jul 2023 | £304,088 | £299,995 | 4 CAWTHORNE COURT |
| 7 Jul 2023 | £164,210 | £162,000 | 651 MANCHESTER ROAD |