£114,284
This estimated value is based upon the latest sale price for the house of £72,500 on 23 Jul 2007. 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 |
|---|---|
| £72,500 | 23 Jul 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 2007 the House Price Index for GREATER MANCHESTER was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £72,500 results in an estimated price of approximately £114,284.
| 23 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £72,500 | £41,784 | £114,284 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | -49.137 % | £-35,624 | £36,875 |
| 3 Month Average | 33.172 % | £24,049 | £96,549 |
| 6 Month Average | 54.204 % | £39,297 | £111,797 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Sep 2023 | £202,590 | £200,000 | 6 WHITEBARN AVENUE |
| 28 Jul 2023 | £98,323 | £97,000 | FLAT 6 WESTWOODS, 288 CHEETHAM HILL ROAD |
| 26 Jun 2023 | £89,079 | £88,000 | FLAT 301 WESTWOODS, 288 CHEETHAM HILL ROAD |
| 14 Sep 2022 | £258,909 | £261,000 | 15 WHITEBARN AVENUE |
| 8 Dec 2021 | £85,710 | £80,000 | FLAT 205 WESTWOODS, 288 CHEETHAM HILL ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 10 Dec 2013. Using an estimated price of £114,285 means this house is valued at £2,040 per sq meter (£189 per sq foot).
The average size of a house on SMEDLEY LANE is 111 sq meters (1,196 sq feet).