£183,401
This estimated value is based upon the latest sale price for the house of £34,000 on 12 Dec 1996. 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 |
|---|---|
| £34,000 | 12 Dec 1996 |
| £16,000 | 6 Jun 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 355 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 December 1996 the House Price Index for GREATER MANCHESTER was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £34,000 results in an estimated price of approximately £183,401.
| 12 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 148.6 | 439.417 % | £34,000 | £149,401 | £183,401 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 345.795 % | £117,570 | £151,570 |
| 3 Month Average | 311.940 % | £106,059 | £140,059 |
| 6 Month Average | 415.163 % | £141,155 | £175,155 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £236,501 | £233,000 | FLAT 7 PARK HOUSE, 150 PALATINE ROAD |
| 29 Sep 2023 | £268,432 | £265,000 | FLAT 9 BERESFORD COURT, 146 PALATINE ROAD |
| 22 Sep 2023 | £173,468 | £171,250 | FLAT 12 VICTORIA GRANGE, 119 BARLOW MOOR ROAD |
| 18 Aug 2023 | £182,597 | £181,000 | FLAT 24 VICTORIA GRANGE, 119 BARLOW MOOR ROAD |
| 11 Aug 2023 | £199,747 | £198,000 | FLAT 8 EASTHAM COURT, 167 PALATINE ROAD |
This house has a floor area of 33 sq meters or 355 sq feet when measured on 8 Sep 2018. Using an estimated price of £183,402 means this house is valued at £5,557 per sq meter (£516 per sq foot).
The average size of a house on PALATINE ROAD is 80 sq meters (868 sq feet).