£142,577
This estimated value is based upon the latest sale price for the house of £110,000 on 29 Mar 2017. 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 |
|---|---|
| £110,000 | 29 Mar 2017 |
| £70,000 | 6 Jan 2009 |
| Terraced |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 March 2017 the House Price Index for GREATER MANCHESTER was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £110,000 results in an estimated price of approximately £142,577.
| 29 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 148.6 | 29.616 % | £110,000 | £32,577 | £142,577 |
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 | 92.671 % | £101,937 | £211,937 |
| 3 Month Average | 57.802 % | £63,582 | £173,582 |
| 6 Month Average | 45.588 % | £50,146 | £160,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £456,139 | £450,000 | 2 ELMWOOD |
| 12 Jun 2023 | £349,230 | £345,000 | 48 FIRTREE AVENUE |
| 23 Sep 2022 | £360,787 | £363,700 | 36 FIRTREE AVENUE |
| 29 Jul 2022 | £421,134 | £420,000 | 1 ELMWOOD |
| 8 Jun 2022 | £393,055 | £387,500 | 13 TULIP CLOSE |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 3 Feb 2017. Using an estimated price of £142,578 means this house is valued at £2,741 per sq meter (£254 per sq foot).
The average size of a house on TULIP CLOSE is 70 sq meters (753 sq feet).