£371,465
This estimated value is based upon the latest sale price for the house of £116,000 on 16 Nov 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 |
|---|---|
| £116,000 | 16 Nov 2001 |
| £56,500 | 18 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 November 2001 the House Price Index for GREATER MANCHESTER was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £116,000 results in an estimated price of approximately £371,465.
| 16 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 148.6 | 220.228 % | £116,000 | £255,465 | £371,465 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 209.282 % | £242,766 | £358,766 |
| 3 Month Average | 207.104 % | £240,240 | £356,240 |
| 6 Month Average | 213.468 % | £247,622 | £363,622 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £106,870 | £105,000 | 19 RUSSELL PLACE |
| 8 Sep 2023 | £455,828 | £450,000 | 4 LEICESTER ROAD |
| 8 Feb 2023 | £204,862 | £205,000 | 27 RUSSELL PLACE |
| 14 Sep 2022 | £193,438 | £195,000 | 28 RUSSELL PLACE |
| 30 Mar 2022 | £224,351 | £216,500 | 18 RUSSELL PLACE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 15 Jan 2014. Using an estimated price of £371,465 means this house is valued at £4,037 per sq meter (£375 per sq foot).
The average size of a house on LEICESTER ROAD is 125 sq meters (1,348 sq feet).