£227,117
This estimated value is based upon the latest sale price for the house of £210,000 on 30 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £210,000 | 30 Nov 2021 |
| Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 November 2021 the House Price Index for GREATER MANCHESTER was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £210,000 results in an estimated price of approximately £227,117.
| 30 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £210,000 | £17,117 | £227,117 |
The Postcode Pricing Model uses changes in average sales price within the BL2 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 | -27.803 % | £-58,386 | £151,613 |
| 3 Month Average | -29.248 % | £-61,420 | £148,579 |
| 6 Month Average | -9.823 % | £-20,628 | £189,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £195,000 | £195,000 | 210 SOMERTON ROAD |
| 14 Sep 2023 | £187,396 | £185,000 | 15 SOUTHLEIGH DRIVE |
| 11 Sep 2023 | £263,317 | £259,950 | 196 SOMERTON ROAD |
| 28 Jul 2022 | £97,763 | £97,500 | 188 SOMERTON ROAD |
| 6 Jul 2022 | £87,235 | £87,000 | 228 SOMERTON ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 1 May 2018. Using an estimated price of £227,118 means this house is valued at £3,111 per sq meter (£289 per sq foot).
The average size of a house on SALCOMBE GROVE is 110 sq meters (1,190 sq feet).