£223,987
This estimated value is based upon the latest sale price for the house of £170,000 on 1 Nov 2016. 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 |
|---|---|
| £170,000 | 1 Nov 2016 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2016 the House Price Index for GREATER MANCHESTER was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £170,000 results in an estimated price of approximately £223,987.
| 1 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £170,000 | £53,987 | £223,987 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 32.672 % | £55,542 | £225,542 |
| 3 Month Average | 37.742 % | £64,161 | £234,161 |
| 6 Month Average | 47.468 % | £80,695 | £250,695 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £216,897 | £215,000 | 19 THORN GROVE |
| 28 Mar 2023 | £307,901 | £305,000 | 28 LEES HALL CRESCENT |
| 20 Jan 2023 | £184,133 | £185,000 | 34 THORN GROVE |
| 19 Nov 2021 | £166,553 | £154,000 | 28 THORN GROVE |
| 27 Aug 2021 | £166,227 | £149,000 | 2 THORN GROVE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 20 Jan 2014. Using an estimated price of £223,988 means this house is valued at £2,382 per sq meter (£221 per sq foot).
The average size of a house on LADYBARN LANE is 95 sq meters (1,022 sq feet).