£297,727
This estimated value is based upon the latest sale price for the house of £164,000 on 9 Dec 2005. 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 |
|---|---|
| £164,000 | 9 Dec 2005 |
| £132,000 | 24 Feb 2005 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 December 2005 the House Price Index for GREATER MANCHESTER was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £164,000 results in an estimated price of approximately £297,727.
| 9 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 149.7 | 81.541 % | £164,000 | £133,727 | £297,727 |
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 | 107.033 % | £175,534 | £339,534 |
| 3 Month Average | 91.250 % | £149,650 | £313,650 |
| 6 Month Average | 80.254 % | £131,617 | £295,617 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2023 | £361,029 | £355,000 | 18 CHURCH LANE |
| 9 Jan 2023 | £250,670 | £250,000 | 43 CHURCH LANE |
| 15 Jul 2022 | £112,629 | £111,500 | FLAT 14 CHAPEL COURT GREEN LANE |
| 26 May 2022 | £359,362 | £350,000 | 14 CHURCH LANE |
| 25 Apr 2022 | £680,030 | £655,500 | 85 CHURCH LANE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 14 Sep 2017. Using an estimated price of £297,727 means this house is valued at £3,201 per sq meter (£297 per sq foot).
The average size of a house on CHAPEL LANE is 107 sq meters (1,159 sq feet).