£218,381
This estimated value is based upon the latest sale price for the house of £174,950 on 16 Apr 2018. 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 |
|---|---|
| £174,950 | 16 Apr 2018 |
| £42,650 | 29 Jan 1999 |
| Semi-Detached |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2018 the House Price Index for GREATER MANCHESTER was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £174,950 results in an estimated price of approximately £218,381.
| 16 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.6 | 24.825 % | £174,950 | £43,431 | £218,381 |
The Postcode Pricing Model uses changes in average sales price within the M15 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 | 124.314 % | £217,487 | £392,437 |
| 3 Month Average | -1.002 % | £-1,753 | £173,196 |
| 6 Month Average | 15.371 % | £26,890 | £201,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Feb 2023 | £170,885 | £171,000 | 24D MALLOW STREET |
| 3 Jan 2023 | £154,273 | £155,000 | 26A MALLOW STREET |
| 25 Nov 2022 | £217,367 | £220,000 | 70 RIBSTON STREET |
| 8 Aug 2022 | £239,356 | £240,000 | 74 RIBSTON STREET |
| 30 Sep 2021 | £290,896 | £269,950 | 46 OLD YORK STREET |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 4 Jun 2014. Using an estimated price of £218,382 means this house is valued at £4,120 per sq meter (£382 per sq foot).
The average size of a house on ROYCE ROAD is 63 sq meters (683 sq feet).