£608,642
This estimated value is based upon the latest sale price for the house of £240,001 on 6 Dec 2002. 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 |
---|---|
£240,001 | 6 Dec 2002 |
£82,000 | 8 Jul 2001 |
£165,000 | 1 Dec 2000 |
Detached |
Leasehold |
Floor Area: 130 sq meters or 1,399 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 2002 the House Price Index for GREATER MANCHESTER was 58.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 153.600%.Applying this 153.600% change to the original purchase price of £240,001 results in an estimated price of approximately £608,642.
6 Dec 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
58.6 | 148.6 | 153.600 % | £240,001 | £368,641 | £608,642 |
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 | 155.970 % | £374,330 | £614,331 |
3 Month Average | 163.704 % | £392,890 | £632,891 |
6 Month Average | 165.598 % | £397,437 | £637,438 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2024 | £300,000 | £300,000 | 29 BUCKFAST ROAD |
30 Nov 2023 | £923,675 | £910,000 | 111 CHURCH LANE |
17 Apr 2023 | £333,592 | £330,000 | 1 THE OLD MILL CHURCH LANE |
27 Jan 2023 | £313,523 | £315,000 | 82 ST MARTINS ROAD |
12 Aug 2022 | £407,403 | £408,500 | 27 ST MARTINS ROAD |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 21 Feb 2019. Using an estimated price of £608,642 means this house is valued at £4,681 per sq meter (£434 per sq foot).
The average size of a house on CHURCH LANE is 112 sq meters (1,209 sq feet).