£137,416
This estimated value is based upon the latest sale price for the house of £79,500 on 11 Aug 2011. 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 |
---|---|
£79,500 | 11 Aug 2011 |
£30,000 | 17 Oct 2003 |
£17,000 | 16 Jul 1999 |
Terraced |
Leasehold |
Floor Area: 84 sq meters or 910 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 August 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £79,500 results in an estimated price of approximately £137,416.
11 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.850 % | £79,500 | £57,916 | £137,416 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 174.009 % | £138,337 | £217,837 |
3 Month Average | 56.996 % | £45,311 | £124,811 |
6 Month Average | 62.319 % | £49,543 | £129,043 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Nov 2023 | £164,434 | £162,000 | 116 OLD ROAD |
26 Jul 2023 | £111,501 | £110,000 | 120 OLD ROAD |
13 Apr 2023 | £116,252 | £115,000 | 56 SURREY ROAD |
30 Mar 2023 | £66,628 | £66,000 | 9 ELDER MOUNT ROAD |
23 May 2022 | £163,582 | £160,500 | 95 OLD ROAD |
This house has a floor area of 84 sq meters or 910 sq feet when measured on 18 Aug 2010. Using an estimated price of £137,416 means this house is valued at £1,624 per sq meter (£150 per sq foot).
The average size of a house on OLD ROAD is 93 sq meters (1,009 sq feet).