£282,856
This estimated value is based upon the latest sale price for the house of £225,000 on 14 Dec 2017. 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 |
---|---|
£225,000 | 14 Dec 2017 |
£190,000 | 30 Nov 2012 |
£168,950 | 9 Jan 2004 |
£110,000 | 15 Dec 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 128 sq meters or 1,377 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 2017 the House Price Index for GREATER MANCHESTER was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £225,000 results in an estimated price of approximately £282,856.
14 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 148.6 | 25.714 % | £225,000 | £57,856 | £282,856 |
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 | -4.053 % | £-9,118 | £215,881 |
3 Month Average | -16.385 % | £-36,865 | £188,134 |
6 Month Average | 9.480 % | £21,328 | £246,328 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £405,000 | £405,000 | 10 TENBY AVENUE |
6 Apr 2023 | £207,231 | £205,000 | APARTMENT 16 THE MAYFAIR, 59 PALATINE ROAD |
25 Jul 2022 | £406,093 | £405,000 | FLAT 1 HOLLY ROYDE HOUSE, 56 PALATINE ROAD |
27 Sep 2021 | £253,234 | £235,000 | FLAT 12 HOLLY COURT PALATINE ROAD |
16 Sep 2021 | £253,234 | £235,000 | FLAT 2 40 PALATINE ROAD |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 9 Apr 2016. Using an estimated price of £282,857 means this house is valued at £2,209 per sq meter (£205 per sq foot).
The average size of a house on PALATINE ROAD is 80 sq meters (868 sq feet).