£120,108
This estimated value is based upon the latest sale price for the house of £70,000 on 25 Feb 2010. 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 |
---|---|
£70,000 | 25 Feb 2010 |
£60,000 | 4 Aug 2005 |
£11,000 | 7 Apr 1999 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 2010 the House Price Index for GREATER MANCHESTER was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.583%.Applying this 71.583% change to the original purchase price of £70,000 results in an estimated price of approximately £120,108.
25 Feb 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.583 % | £70,000 | £50,108 | £120,108 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | 84.933 % | £59,453 | £129,453 |
3 Month Average | 105.444 % | £73,810 | £143,810 |
6 Month Average | 102.438 % | £71,706 | £141,706 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £153,381 | £150,000 | 6 HANNAH STREET |
16 Jun 2023 | £112,249 | £110,000 | 7 SPRING STREET |
15 Mar 2023 | £162,717 | £160,000 | 10 SPRING STREET |
21 Feb 2023 | £130,874 | £130,000 | 76 STOVELL AVENUE |
18 Nov 2021 | £171,055 | £157,000 | 117 LONGDEN ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 23 Dec 2015. Using an estimated price of £120,108 means this house is valued at £1,101 per sq meter (£102 per sq foot).
The average size of a house on LONGDEN ROAD is 80 sq meters (861 sq feet).