£116,785
This estimated value is based upon the latest sale price for the house of £75,000 on 15 Apr 2014. 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 |
|---|---|
| £75,000 | 15 Apr 2014 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 April 2014 the House Price Index for GREATER MANCHESTER was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £75,000 results in an estimated price of approximately £116,785.
| 15 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £75,000 | £41,785 | £116,785 |
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 | 149.985 % | £112,488 | £187,488 |
| 3 Month Average | 61.004 % | £45,753 | £120,753 |
| 6 Month Average | 64.213 % | £48,159 | £123,159 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Aug 2023 | £171,500 | £170,000 | 20 MANSFIELD ROAD |
| 28 Apr 2023 | £127,371 | £126,000 | 36 WALKER ROAD |
| 19 Jan 2023 | £165,222 | £166,000 | 190 HILL LANE |
| 17 Jun 2022 | £115,634 | £114,000 | 65 VICTORIA AVENUE |
| 18 Feb 2022 | £134,233 | £128,000 | 22 ETHEL AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 20 May 2014. Using an estimated price of £116,785 means this house is valued at £1,390 per sq meter (£129 per sq foot).
The average size of a house on ERSKINE ROAD is 110 sq meters (1,192 sq feet).