£83,139
This estimated value is based upon the latest sale price for the house of £53,000 on 22 Apr 2014. 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 |
---|---|
£53,000 | 22 Apr 2014 |
Terraced |
Leasehold |
Floor Area: 79 sq meters or 850 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 April 2014 the House Price Index for GREATER MANCHESTER was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £53,000 results in an estimated price of approximately £83,139.
22 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 149.7 | 56.867 % | £53,000 | £30,139 | £83,139 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 77.412 % | £41,028 | £94,028 |
3 Month Average | 84.582 % | £44,828 | £97,828 |
6 Month Average | 93.082 % | £49,333 | £102,333 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £131,139 | £130,000 | 57 GRIMSHAW LANE |
17 Nov 2023 | £93,370 | £91,000 | 71 GRIMSHAW LANE |
31 Oct 2023 | £101,301 | £99,000 | 64 DOURO STREET |
14 Jun 2022 | £224,805 | £220,000 | UNIT 2 5 LORD NORTH STREET |
4 May 2022 | £205,350 | £200,000 | UNIT 1 5 LORD NORTH STREET |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 22 Apr 2016. Using an estimated price of £83,139 means this house is valued at £1,052 per sq meter (£97 per sq foot).
The average size of a house on PARTINGTON STREET is 82 sq meters (889 sq feet).