£235,208
This estimated value is based upon the latest sale price for the house of £59,950 on 25 Feb 2000. 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 |
|---|---|
| £59,950 | 25 Feb 2000 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2000 the House Price Index for GREATER MANCHESTER was 37.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 292.341%.Applying this 292.341% change to the original purchase price of £59,950 results in an estimated price of approximately £235,208.
| 25 Feb 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 37.9 | 148.6 | 292.341 % | £59,950 | £175,258 | £235,208 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 212.548 % | £127,422 | £187,372 |
| 3 Month Average | 208.645 % | £125,082 | £185,032 |
| 6 Month Average | 298.529 % | £178,967 | £238,917 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £439,115 | £433,500 | 11 CATTERICK ROAD |
| 29 Aug 2023 | £314,754 | £312,000 | 5 WHITEHALL ROAD |
| 4 Aug 2023 | £549,810 | £545,000 | 101 SCHOOL LANE |
| 14 Nov 2022 | £308,760 | £312,500 | 11 WHITEHALL ROAD |
| 11 Aug 2022 | £294,208 | £295,000 | 4 LADYSMITH ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 26 Oct 2019. Using an estimated price of £235,208 means this house is valued at £2,672 per sq meter (£248 per sq foot).
The average size of a house on SCHOOL LANE is 77 sq meters (838 sq feet).