£242,151
This estimated value is based upon the latest sale price for the house of £241,500 on 7 Jul 2022. 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 |
|---|---|
| £241,500 | 7 Jul 2022 |
| £145,000 | 30 Jun 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 July 2022 the House Price Index for GREATER MANCHESTER was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £241,500 results in an estimated price of approximately £242,151.
| 7 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £241,500 | £651 | £242,151 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | -5.664 % | £-13,678 | £227,821 |
| 3 Month Average | -8.173 % | £-19,738 | £221,761 |
| 6 Month Average | -0.630 % | £-1,521 | £239,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £443,883 | £440,000 | 5 MOORFIELD GROVE |
| 10 Mar 2023 | £252,378 | £250,000 | FLAT 3 ADDISON GRANGE, 27B PRINCES ROAD |
| 30 Jan 2023 | £154,373 | £155,100 | FLAT 13 ADDISON GRANGE, 43 DERBYSHIRE ROAD |
| 7 Jul 2022 | £242,152 | £241,500 | FLAT 6 ADDISON GRANGE, 27 PRINCES ROAD |
| 17 May 2022 | £507,054 | £497,500 | 103 MARSLAND ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 21 May 2020. Using an estimated price of £242,152 means this house is valued at £3,144 per sq meter (£292 per sq foot).
The average size of a house on PRINCES ROAD is 126 sq meters (1,366 sq feet).