£310,554
This estimated value is based upon the latest sale price for the house of £145,500 on 26 Feb 2004. 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 |
---|---|
£145,500 | 26 Feb 2004 |
£74,000 | 20 Aug 1999 |
Semi-Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 February 2004 the House Price Index for GREATER MANCHESTER was 70.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 113.439%.Applying this 113.439% change to the original purchase price of £145,500 results in an estimated price of approximately £310,554.
26 Feb 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
70.1 | 149.7 | 113.439 % | £145,500 | £165,054 | £310,554 |
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 | 149.968 % | £218,203 | £363,703 |
3 Month Average | 130.183 % | £189,415 | £334,915 |
6 Month Average | 119.674 % | £174,125 | £319,625 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £309,511 | £300,000 | 4 IMPERIAL TERRACE |
24 Nov 2023 | £323,204 | £315,000 | 5 YORK TERRACE |
24 Nov 2023 | £364,365 | £355,116 | 75 BELMONT ROAD |
30 Jun 2023 | £495,428 | £485,500 | 59 PARK AVENUE |
24 Nov 2022 | £373,255 | £375,000 | 10 WOODFIELD GROVE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 14 Jul 2015. Using an estimated price of £310,554 means this house is valued at £3,234 per sq meter (£300 per sq foot).
The average size of a house on BELMONT ROAD is 99 sq meters (1,068 sq feet).