£297,496
This estimated value is based upon the latest sale price for the house of £187,500 on 29 Jun 2007. 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 |
|---|---|
| £187,500 | 29 Jun 2007 |
| £95,000 | 28 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 June 2007 the House Price Index for GREATER MANCHESTER was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £187,500 results in an estimated price of approximately £297,496.
| 29 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £187,500 | £109,996 | £297,496 |
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 | 11.297 % | £21,181 | £208,681 |
| 3 Month Average | 24.325 % | £45,608 | £233,108 |
| 6 Month Average | 53.353 % | £100,037 | £287,537 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £810 | £800 | 1 ROSE COTTAGES LADYBARN LANE |
| 24 Aug 2023 | £216,897 | £215,000 | 19 THORN GROVE |
| 31 Mar 2023 | £206,950 | £205,000 | 10 WESTBOURNE ROAD |
| 20 Jan 2023 | £184,133 | £185,000 | 34 THORN GROVE |
| 19 Nov 2021 | £166,553 | £154,000 | 28 THORN GROVE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 4 Feb 2019. Using an estimated price of £297,496 means this house is valued at £3,164 per sq meter (£294 per sq foot).
The average size of a house on LADYBARN LANE is 95 sq meters (1,022 sq feet).