£263,975
This estimated value is based upon the latest sale price for the house of £138,000 on 1 Oct 2004. 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 |
---|---|
£138,000 | 1 Oct 2004 |
£78,000 | 18 Jun 2001 |
£65,000 | 23 Jun 1998 |
£58,950 | 27 Jun 1997 |
Detached |
Leasehold |
Floor Area: 60 sq meters or 645 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 October 2004 the House Price Index for GREATER MANCHESTER was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £138,000 results in an estimated price of approximately £263,975.
1 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 149.7 | 91.287 % | £138,000 | £125,975 | £263,975 |
The Postcode Pricing Model uses changes in average sales price within the M15 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 | 146.652 % | £202,379 | £340,379 |
3 Month Average | 71.524 % | £98,702 | £236,702 |
6 Month Average | 67.077 % | £92,566 | £230,566 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £95,432 | £92,500 | 3C UPPER MOSS LANE |
13 Oct 2023 | £245,578 | £240,000 | 12 ROYCE ROAD |
29 Jul 2022 | £141,417 | £140,000 | 97A CHORLTON ROAD |
13 Jul 2022 | £141,417 | £140,000 | 324D STRETFORD ROAD |
10 Jun 2022 | £164,517 | £161,000 | 330A STRETFORD ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 15 Apr 2014. Using an estimated price of £263,975 means this house is valued at £4,399 per sq meter (£408 per sq foot).
The average size of a house on RIBSTON STREET is 68 sq meters (737 sq feet).