£226,693
This estimated value is based upon the latest sale price for the house of £179,000 on 15 Dec 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 |
|---|---|
| £179,000 | 15 Dec 2017 |
| £175,000 | 8 Jan 2008 |
| £22,440 | 13 May 2002 |
| Semi-Detached |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 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 December 2017 the House Price Index for GREATER MANCHESTER was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £179,000 results in an estimated price of approximately £226,693.
| 15 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 149.7 | 26.645 % | £179,000 | £47,693 | £226,693 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 37.203 % | £66,594 | £245,594 |
| 3 Month Average | 27.701 % | £49,585 | £228,585 |
| 6 Month Average | 56.089 % | £100,399 | £279,399 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £248,647 | £243,000 | 27 THORN GROVE |
| 9 Oct 2023 | £243,019 | £237,500 | 14 CEDAR GROVE |
| 19 Sep 2023 | £818 | £800 | 1 ROSE COTTAGES LADYBARN LANE |
| 24 Aug 2023 | £218,949 | £215,000 | 19 THORN GROVE |
| 31 Mar 2023 | £208,482 | £205,000 | 10 WESTBOURNE ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 30 Aug 2018. Using an estimated price of £226,694 means this house is valued at £2,024 per sq meter (£188 per sq foot).
The average size of a house on LADYBARN LANE is 95 sq meters (1,022 sq feet).