£390,175
This estimated value is based upon the latest sale price for the house of £249,950 on 14 Sep 2007. 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 |
|---|---|
| £249,950 | 14 Sep 2007 |
| £190,000 | 30 Sep 2005 |
| £100,000 | 19 Sep 2001 |
| Terraced |
| Freehold |
| Floor Area: 125 sq meters or 1,353 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 September 2007 the House Price Index for GREATER MANCHESTER was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £249,950 results in an estimated price of approximately £390,175.
| 14 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 148.6 | 56.101 % | £249,950 | £140,225 | £390,175 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 29.085 % | £72,699 | £322,649 |
| 3 Month Average | 20.354 % | £50,875 | £300,825 |
| 6 Month Average | 43.827 % | £109,545 | £359,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £324,936 | £321,000 | 132 LADYBARN LANE |
| 24 Feb 2023 | £179,879 | £180,000 | 15 EGERTON TERRACE |
| 3 Feb 2023 | £191,871 | £192,000 | 5 EGERTON TERRACE |
| 23 Jan 2023 | £400,115 | £402,000 | 6 ROYLE STREET |
| 13 Jan 2023 | £99,531 | £100,000 | FLAT 4 55 EGERTON ROAD |
This house has a floor area of 125 sq meters or 1,353 sq feet when measured on 4 Jan 2012. Using an estimated price of £390,176 means this house is valued at £3,103 per sq meter (£288 per sq foot).
The average size of a house on DERBY ROAD is 137 sq meters (1,475 sq feet).