£266,261
This estimated value is based upon the latest sale price for the house of £170,000 on 26 Oct 2007. 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 |
---|---|
£170,000 | 26 Oct 2007 |
£51,950 | 4 Oct 2002 |
Terraced |
Freehold |
Floor Area: 128 sq meters or 1,377 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 October 2007 the House Price Index for GREATER MANCHESTER was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £170,000 results in an estimated price of approximately £266,261.
26 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 149.7 | 56.624 % | £170,000 | £96,261 | £266,261 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | 34.405 % | £58,488 | £228,488 |
3 Month Average | 55.332 % | £94,063 | £264,063 |
6 Month Average | 70.607 % | £120,031 | £290,031 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £108,329 | £105,000 | 17 LEVER COURT, 218 MOOR LANE |
18 Oct 2023 | £130,975 | £128,000 | 36 LEVER COURT, 218 MOOR LANE |
1 Feb 2023 | £120,807 | £120,000 | 34 LEVER COURT, 218 MOOR LANE |
7 Oct 2022 | £219,268 | £220,000 | 29 OAKLANDS ROAD |
27 May 2022 | £134,504 | £131,000 | 6 LEVER COURT, 216 MOOR LANE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 4 Sep 2019. Using an estimated price of £266,261 means this house is valued at £2,080 per sq meter (£193 per sq foot).
The average size of a house on OAKLANDS ROAD is 108 sq meters (1,165 sq feet).