£189,834
This estimated value is based upon the latest sale price for the house of £59,950 on 3 Dec 2001. 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 |
---|---|
£59,950 | 3 Dec 2001 |
Semi-Detached |
Freehold |
Floor Area: 62 sq meters or 676 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 2001 the House Price Index for GREATER MANCHESTER was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £59,950 results in an estimated price of approximately £189,834.
3 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.9 | 148.6 | 216.655 % | £59,950 | £129,884 | £189,834 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 461.614 % | £276,737 | £336,687 |
3 Month Average | 318.982 % | £191,229 | £251,179 |
6 Month Average | 392.837 % | £235,506 | £295,456 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Sep 2023 | £172,202 | £170,000 | 838 BURNAGE LANE |
18 Aug 2023 | £287,515 | £285,000 | 4 BEAL CLOSE |
14 Oct 2022 | £316,591 | £320,000 | 585 KINGSWAY |
29 Jun 2022 | £329,659 | £325,000 | 567 KINGSWAY |
1 Jun 2022 | £344,874 | £340,000 | 884 BURNAGE LANE |
This house has a floor area of 62 sq meters or 676 sq feet when measured on 30 Mar 2012. Using an estimated price of £189,835 means this house is valued at £3,020 per sq meter (£280 per sq foot).
The average size of a house on BURNAGE LANE is 97 sq meters (1,050 sq feet).