£103,693
This estimated value is based upon the latest sale price for the house of £55,000 on 28 Feb 2005. 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 |
|---|---|
| £55,000 | 28 Feb 2005 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,130 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 February 2005 the House Price Index for GREATER MANCHESTER was 79.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 88.533%.Applying this 88.533% change to the original purchase price of £55,000 results in an estimated price of approximately £103,693.
| 28 Feb 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 149.7 | 88.533 % | £55,000 | £48,693 | £103,693 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 86.747 % | £47,710 | £102,710 |
| 3 Month Average | 129.172 % | £71,044 | £126,044 |
| 6 Month Average | 128.047 % | £70,425 | £125,425 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Feb 2023 | £140,941 | £140,000 | 1 NEWLAND STREET |
| 4 Jan 2023 | £215,576 | £215,000 | 4 INGLETON AVENUE |
| 13 Oct 2022 | £99,667 | £100,000 | 13 NEWLAND STREET |
| 12 Aug 2022 | £156,482 | £155,750 | 27 BIRCH ROAD |
| 5 Aug 2021 | £186,563 | £166,000 | 39 BIRCH ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 18 Jul 2016. Using an estimated price of £103,693 means this house is valued at £987 per sq meter (£91 per sq foot).
The average size of a house on BIRCH ROAD is 100 sq meters (1,076 sq feet).