£92,068
This estimated value is based upon the latest sale price for the house of £75,000 on 26 Apr 2020. 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 |
|---|---|
| £75,000 | 26 Apr 2020 |
| £77,500 | 5 Sep 2017 |
| £97,000 | 5 Sep 2017 |
| £76,500 | 14 Mar 2016 |
| £120,000 | 29 Feb 2008 |
| 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 April 2020 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £75,000 results in an estimated price of approximately £92,068.
| 26 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £75,000 | £17,068 | £92,068 |
The Postcode Pricing Model uses changes in average sales price within the M6 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 | 79.858 % | £59,893 | £134,893 |
| 3 Month Average | 53.949 % | £40,461 | £115,461 |
| 6 Month Average | 37.011 % | £27,758 | £102,758 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2022 | £323,167 | £318,600 | 1 FORD LANE |
| 6 May 2022 | £209,956 | £206,000 | OLD BANK HOUSE, 84 BROAD STREET |
| 8 Feb 2022 | £170,937 | £163,000 | 37 BRINDLE HEATH ROAD |
| 20 Dec 2021 | £257,131 | £240,000 | 29 BRINDLE HEATH ROAD |
| 5 Nov 2021 | £151,412 | £140,000 | 11 CHURCH GREEN |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 12 Mar 2015. Using an estimated price of £92,068 means this house is valued at £2,301 per sq meter (£213 per sq foot).
The average size of a house on PENDLETON WAY is 63 sq meters (680 sq feet).