£52,772
This estimated value is based upon the latest sale price for the house of £39,950 on 15 Dec 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 |
|---|---|
| £39,950 | 15 Dec 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 December 2016 the House Price Index for GREATER MANCHESTER was 113.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.097%.Applying this 32.097% change to the original purchase price of £39,950 results in an estimated price of approximately £52,772.
| 15 Dec 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 149.7 | 32.097 % | £39,950 | £12,822 | £52,772 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 33.120 % | £13,231 | £53,181 |
| 3 Month Average | 60.040 % | £23,985 | £63,935 |
| 6 Month Average | 67.553 % | £26,987 | £66,937 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £145,231 | £143,000 | FLAT 4 HAVERSHAM COURT MIDDLETON ROAD |
| 18 Dec 2023 | £36,110 | £35,000 | 79 MELTON ROAD |
| 29 Apr 2022 | £204,891 | £197,500 | 71 MIDDLETON ROAD |
| 29 Nov 2021 | £148,175 | £136,000 | FLAT 16 LYNWOOD COURT MIDDLETON ROAD |
| 23 Nov 2021 | £228,799 | £210,000 | 49 MELTON ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 16 May 2014. Using an estimated price of £52,773 means this house is valued at £1,014 per sq meter (£94 per sq foot).
The average size of a house on MELTON ROAD is 66 sq meters (712 sq feet).