£89,568
This estimated value is based upon the latest sale price for the house of £73,000 on 27 Sep 2019. 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 |
---|---|
£73,000 | 27 Sep 2019 |
£82,000 | 7 Apr 2007 |
£76,000 | 11 Apr 2005 |
£48,500 | 17 Jan 2002 |
£51,200 | 24 Aug 2001 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 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 September 2019 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 22.696%.Applying this 22.696% change to the original purchase price of £73,000 results in an estimated price of approximately £89,568.
27 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.696 % | £73,000 | £16,568 | £89,568 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 23.570 % | £17,205 | £90,205 |
3 Month Average | 29.777 % | £21,737 | £94,737 |
6 Month Average | 51.441 % | £37,551 | £110,551 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £98,323 | £97,000 | FLAT 6 WESTWOODS, 288 CHEETHAM HILL ROAD |
26 Jun 2023 | £89,079 | £88,000 | FLAT 301 WESTWOODS, 288 CHEETHAM HILL ROAD |
7 Apr 2022 | £82,384 | £80,000 | FLAT 19 409 CHEETHAM HILL ROAD |
8 Dec 2021 | £85,710 | £80,000 | FLAT 205 WESTWOODS, 288 CHEETHAM HILL ROAD |
2 Jul 2021 | £137,912 | £120,000 | 2 ALMS HILL ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 8 Jul 2021. Using an estimated price of £89,568 means this house is valued at £1,827 per sq meter (£169 per sq foot).
The average size of a house on CHEETHAM HILL ROAD is 92 sq meters (990 sq feet).