£204,978
This estimated value is based upon the latest sale price for the house of £38,000 on 2 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 |
|---|---|
| £38,000 | 2 Dec 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 £38,000 results in an estimated price of approximately £204,978.
| 2 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 148.6 | 439.417 % | £38,000 | £166,978 | £204,978 |
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 | 445.900 % | £169,442 | £207,442 |
| 3 Month Average | 428.813 % | £162,948 | £200,948 |
| 6 Month Average | 433.515 % | £164,735 | £202,735 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £448,927 | £445,000 | 5 JAMES STREET |
| 12 Jun 2023 | £440,334 | £435,000 | 23 TEMPLE ROAD |
| 25 Jan 2023 | £363,368 | £365,080 | 10 WILKINSON STREET |
| 24 Jan 2023 | £547,421 | £550,000 | 34 TEMPLE ROAD |
| 31 May 2022 | £469,038 | £460,200 | 4 TEMPLE ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 8 Aug 2013. Using an estimated price of £204,978 means this house is valued at £3,202 per sq meter (£297 per sq foot).
The average size of a house on TEMPLE ROAD is 107 sq meters (1,161 sq feet).