£221,193
This estimated value is based upon the latest sale price for the house of £144,995 on 1 Aug 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 |
|---|---|
| £144,995 | 1 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 August 2014 the House Price Index for GREATER MANCHESTER was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £144,995 results in an estimated price of approximately £221,193.
| 1 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £144,995 | £76,198 | £221,193 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 60.395 % | £87,569 | £232,564 |
| 3 Month Average | 77.451 % | £112,300 | £257,295 |
| 6 Month Average | 75.604 % | £109,621 | £254,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £125,000 | £125,000 | 18 BRODICK STREET |
| 18 Dec 2023 | £239,355 | £232,000 | 8 WESTHIDE WALK |
| 27 Oct 2023 | £127,905 | £125,000 | 22 BRODICK STREET |
| 11 Oct 2023 | £246,601 | £241,000 | 11 BUTE STREET |
| 8 Jun 2023 | £160,211 | £157,000 | 2 WESTHIDE WALK |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 1 Jul 2014. Using an estimated price of £221,194 means this house is valued at £2,147 per sq meter (£199 per sq foot).
The average size of a house on BUTE STREET is 105 sq meters (1,130 sq feet).