£162,717
This estimated value is based upon the latest sale price for the house of £160,000 on 15 Mar 2023. 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 |
|---|---|
| £160,000 | 15 Mar 2023 |
| £43,950 | 28 Nov 2003 |
| £10,500 | 11 Oct 1996 |
| £28,950 | 17 May 1995 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2023 the House Price Index for GREATER MANCHESTER was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £160,000 results in an estimated price of approximately £162,717.
| 15 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £160,000 | £2,717 | £162,717 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | -6.105 % | £-9,767 | £150,232 |
| 3 Month Average | -18.763 % | £-30,020 | £129,979 |
| 6 Month Average | -21.156 % | £-33,849 | £126,150 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £112,249 | £110,000 | 7 SPRING STREET |
| 15 Mar 2023 | £162,717 | £160,000 | 10 SPRING STREET |
| 21 Feb 2023 | £130,874 | £130,000 | 76 STOVELL AVENUE |
| 18 Nov 2021 | £171,055 | £157,000 | 117 LONGDEN ROAD |
| 11 Sep 2020 | £95,694 | £80,000 | 10 DELAFIELD AVENUE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 7 Mar 2014. Using an estimated price of £162,717 means this house is valued at £2,582 per sq meter (£239 per sq foot).
The average size of a house on SPRING STREET is 69 sq meters (746 sq feet).