£267,726
This estimated value is based upon the latest sale price for the house of £210,000 on 28 Jul 2017. 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 |
---|---|
£210,000 | 28 Jul 2017 |
£197,000 | 20 Jul 2005 |
£75,000 | 2 Mar 1999 |
Semi-Detached |
Freehold |
Floor Area: 137 sq meters or 1,474 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 July 2017 the House Price Index for GREATER MANCHESTER was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £210,000 results in an estimated price of approximately £267,726.
28 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £210,000 | £57,726 | £267,726 |
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 | -80.143 % | £-168,301 | £41,698 |
3 Month Average | 7.248 % | £15,220 | £225,220 |
6 Month Average | 39.051 % | £82,007 | £292,007 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Mar 2023 | £474,470 | £470,000 | 48 WELLINGTON STREET EAST |
1 Mar 2023 | £434,090 | £430,000 | 44 WELBECK GROVE |
17 Feb 2022 | £429,965 | £410,000 | 88 WELLINGTON STREET EAST |
15 Nov 2021 | £448,828 | £415,000 | 84 WELLINGTON STREET EAST |
29 Jun 2021 | £536,462 | £500,000 | 94 NORTHUMBERLAND STREET |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 9 Feb 2015. Using an estimated price of £267,727 means this house is valued at £1,954 per sq meter (£181 per sq foot).
The average size of a house on NORMAN ROAD is 191 sq meters (2,055 sq feet).