£173,784
This estimated value is based upon the latest sale price for the house of £88,500 on 2 Jul 2004. 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 |
|---|---|
| £88,500 | 2 Jul 2004 |
| £51,000 | 25 Oct 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 40 sq meters or 430 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 2004 the House Price Index for GREATER MANCHESTER was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £88,500 results in an estimated price of approximately £173,784.
| 2 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 149.7 | 96.367 % | £88,500 | £85,284 | £173,784 |
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 | 126.658 % | £112,092 | £200,592 |
| 3 Month Average | 101.541 % | £89,863 | £178,363 |
| 6 Month Average | 99.951 % | £88,456 | £176,956 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £414,129 | £405,000 | 8 WICKENBY DRIVE |
| 30 Mar 2023 | £177,972 | £175,000 | FLAT 7 SIBSON HOUSE SIBSON ROAD |
| 24 Mar 2023 | £462,728 | £455,000 | 14 WICKENBY DRIVE |
| 29 Jul 2022 | £212,126 | £210,000 | 54 SPRINGFIELD ROAD |
| 29 Apr 2022 | £321,601 | £310,000 | 1A HEREFORD STREET |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 3 Mar 2014. Using an estimated price of £173,785 means this house is valued at £4,344 per sq meter (£403 per sq foot).
The average size of a house on SIBSON ROAD is 78 sq meters (840 sq feet).