£123,265
This estimated value is based upon the latest sale price for the house of £95,500 on 2 Jun 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 |
|---|---|
| £95,500 | 2 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 June 2017 the House Price Index for GREATER MANCHESTER was 116.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.074%.Applying this 29.074% change to the original purchase price of £95,500 results in an estimated price of approximately £123,265.
| 2 Jun 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 149.7 | 29.074 % | £95,500 | £27,765 | £123,265 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 24.558 % | £23,452 | £118,952 |
| 3 Month Average | 60.955 % | £58,212 | £153,712 |
| 6 Month Average | 66.476 % | £63,484 | £158,984 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £208,765 | £205,000 | 63 SMEDLEY LANE |
| 25 Jul 2022 | £217,176 | £215,000 | 4 CARADOC AVENUE |
| 25 Apr 2022 | £160,800 | £155,000 | 66 LECESTER ROAD |
| 8 Apr 2022 | £122,416 | £118,000 | 46 SMEDLEY LANE |
| 25 Mar 2022 | £164,941 | £158,000 | 22 HAWKESHEAD ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 29 Oct 2012. Using an estimated price of £123,266 means this house is valued at £1,580 per sq meter (£146 per sq foot).
The average size of a house on LECESTER ROAD is 83 sq meters (898 sq feet).