£277,420
This estimated value is based upon the latest sale price for the house of £174,950 on 28 Mar 2014. 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 |
|---|---|
| £174,950 | 28 Mar 2014 |
| Semi-Detached |
| Leasehold |
| Floor Area: 97 sq meters or 1,044 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 March 2014 the House Price Index for GREATER MANCHESTER was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £174,950 results in an estimated price of approximately £277,420.
| 28 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 149.7 | 58.571 % | £174,950 | £102,470 | £277,420 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | 73.709 % | £128,953 | £303,903 |
| 3 Month Average | 57.853 % | £101,213 | £276,163 |
| 6 Month Average | 60.206 % | £105,330 | £280,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Dec 2021 | £485,689 | £450,000 | 49 LEICESTER ROAD |
| 3 Dec 2021 | £366,965 | £340,000 | 53 LEICESTER ROAD |
| 29 Jun 2021 | £540,433 | £500,000 | 94 NORTHUMBERLAND STREET |
| 2 Oct 2020 | £236,353 | £200,000 | 104 NORTHUMBERLAND STREET |
| 19 Aug 2020 | £362,383 | £300,000 | 8 CLEVELEYS GROVE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 25 Mar 2014. Using an estimated price of £277,421 means this house is valued at £2,860 per sq meter (£265 per sq foot).
The average size of a house on LEICESTER ROAD is 133 sq meters (1,433 sq feet).