£228,668
This estimated value is based upon the latest sale price for the house of £45,000 on 7 Jul 1997. 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 |
|---|---|
| £45,000 | 7 Jul 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 July 1997 the House Price Index for GREATER MANCHESTER was 29.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 408.152%.Applying this 408.152% change to the original purchase price of £45,000 results in an estimated price of approximately £228,668.
| 7 Jul 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 148.6 | 408.152 % | £45,000 | £183,668 | £228,668 |
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 | 380.047 % | £171,021 | £216,021 |
| 3 Month Average | 467.913 % | £210,560 | £255,560 |
| 6 Month Average | 579.160 % | £260,621 | £305,621 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £126,619 | £125,000 | APARTMENT 5 2A SOPWITH DRIVE |
| 23 Feb 2023 | £359,758 | £360,000 | 166 MAULDETH ROAD WEST |
| 3 Feb 2023 | £280,811 | £281,000 | 105 MAULDETH ROAD WEST |
| 27 Jan 2023 | £323,476 | £325,000 | 9 SOMERFORD AVENUE |
| 15 Aug 2022 | £423,859 | £425,000 | 9 BIRCHINGTON ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 25 Jul 2015. Using an estimated price of £228,668 means this house is valued at £2,894 per sq meter (£268 per sq foot).
The average size of a house on MORNINGTON CRESCENT is 97 sq meters (1,044 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 sq feet).