£70,164
This estimated value is based upon the latest sale price for the house of £37,000 on 26 Nov 2004. 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 |
---|---|
£37,000 | 26 Nov 2004 |
Terraced |
Leasehold |
Floor Area: 60 sq meters or 645 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 2004 the House Price Index for GREATER MANCHESTER was 78.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.633%.Applying this 89.633% change to the original purchase price of £37,000 results in an estimated price of approximately £70,164.
26 Nov 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.9 | 149.7 | 89.633 % | £37,000 | £33,164 | £70,164 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | 98.109 % | £36,300 | £73,300 |
3 Month Average | 167.965 % | £62,146 | £99,146 |
6 Month Average | 159.551 % | £59,033 | £96,033 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £278,620 | £276,200 | 234 STOCKPORT ROAD |
4 Apr 2024 | £143,748 | £142,500 | FLAT 5 212 STOCKPORT ROAD |
30 Mar 2023 | £274,586 | £270,000 | 38 FLIXTON ROAD |
4 Oct 2022 | £16,475 | £16,530 | SUITE 20 2 UNIVERSAL SQUARE |
10 May 2022 | £174,547 | £170,000 | APARTMENT 10 176 STOCKPORT ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 20 Mar 2020. Using an estimated price of £70,164 means this house is valued at £1,169 per sq meter (£108 per sq foot).
The average size of a house on COVERDALE CRESCENT is 84 sq meters (904 sq feet).