£155,824
This estimated value is based upon the latest sale price for the house of £129,000 on 25 Aug 2020. 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 |
---|---|
£129,000 | 25 Aug 2020 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 2020 the House Price Index for GREATER MANCHESTER was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £129,000 results in an estimated price of approximately £155,824.
25 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 149.7 | 20.794 % | £129,000 | £26,824 | £155,824 |
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 | 140.121 % | £180,755 | £309,755 |
3 Month Average | 56.685 % | £73,123 | £202,123 |
6 Month Average | 66.081 % | £85,244 | £214,244 |
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 109 sq meters or 1,173 sq feet when measured on 28 Feb 2014. Using an estimated price of £155,825 means this house is valued at £1,429 per sq meter (£132 per sq foot).
The average size of a house on LONGDEN ROAD is 80 sq meters (861 sq feet).