£394,589
This estimated value is based upon the latest sale price for the house of £69,500 on 29 Feb 1996. 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 |
|---|---|
| £69,500 | 29 Feb 1996 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 February 1996 the House Price Index for GREATER MANCHESTER was 26.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 467.755%.Applying this 467.755% change to the original purchase price of £69,500 results in an estimated price of approximately £394,589.
| 29 Feb 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 149.7 | 467.755 % | £69,500 | £325,089 | £394,589 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 530.812 % | £368,914 | £438,414 |
| 3 Month Average | 460.589 % | £320,109 | £389,609 |
| 6 Month Average | 430.156 % | £298,958 | £368,458 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £595,106 | £580,000 | 112 DERBYSHIRE ROAD SOUTH |
| 30 Jan 2023 | £376,005 | £375,000 | 64 DERBYSHIRE ROAD SOUTH |
| 23 Jan 2023 | £486,299 | £485,000 | 84 DERBYSHIRE ROAD SOUTH |
| 6 Jan 2023 | £802 | £800 | 16 NORTH PARADE |
| 13 Jul 2022 | £691,933 | £685,000 | 141 NORRIS ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 23 Jun 2020. Using an estimated price of £394,590 means this house is valued at £3,182 per sq meter (£295 per sq foot).
The average size of a house on DERBYSHIRE ROAD SOUTH is 95 sq meters (1,028 sq feet).