£561,696
This estimated value is based upon the latest sale price for the house of £240,000 on 15 Jul 2003. 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 |
---|---|
£240,000 | 15 Jul 2003 |
Semi-Detached |
Freehold |
Floor Area: 131 sq meters or 1,410 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 July 2003 the House Price Index for GREATER MANCHESTER was 64.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 134.040%.Applying this 134.040% change to the original purchase price of £240,000 results in an estimated price of approximately £561,696.
15 Jul 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.0 | 149.7 | 134.040 % | £240,000 | £321,696 | £561,696 |
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 | 324.514 % | £778,833 | £1,018,833 |
3 Month Average | 216.861 % | £520,465 | £760,465 |
6 Month Average | 203.765 % | £489,035 | £729,035 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 May 2024 | £300,000 | £300,000 | 35 WHITEBROOK ROAD |
14 Nov 2023 | £174,428 | £170,000 | FLAT 34 PARKSIDE, 193 HART ROAD |
25 Aug 2023 | £346,245 | £340,000 | 28 WHITEBROOK ROAD |
14 Aug 2023 | £229,133 | £225,000 | 183 HART ROAD |
27 Feb 2023 | £375,845 | £373,334 | 81 WILBRAHAM ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 25 Nov 2015. Using an estimated price of £561,696 means this house is valued at £4,287 per sq meter (£398 per sq foot).
The average size of a house on WILBRAHAM ROAD is 100 sq meters (1,084 sq feet).