£309,006
This estimated value is based upon the latest sale price for the house of £197,625 on 12 Dec 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 |
---|---|
£197,625 | 12 Dec 2007 |
Terraced |
Leasehold |
Floor Area: 98 sq meters or 1,054 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 2007 the House Price Index for GREATER MANCHESTER was 95.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.360%.Applying this 56.360% change to the original purchase price of £197,625 results in an estimated price of approximately £309,006.
12 Dec 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.7 | 149.7 | 56.360 % | £197,625 | £111,381 | £309,006 |
The Postcode Pricing Model uses changes in average sales price within the M15 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 | 47.675 % | £94,217 | £291,842 |
3 Month Average | 59.413 % | £117,414 | £315,039 |
6 Month Average | 66.056 % | £130,543 | £328,168 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2023 | £162,717 | £160,000 | 98 BOLD STREET |
10 Feb 2023 | £221,479 | £220,000 | 118 BOLD STREET |
25 Nov 2022 | £184,139 | £185,000 | 43 DRAYTON STREET |
14 Nov 2022 | £158,758 | £159,500 | 75 DRAYTON STREET |
22 Jul 2022 | £252,530 | £250,000 | 122 BOLD STREET |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 10 Sep 2020. Using an estimated price of £309,007 means this house is valued at £3,153 per sq meter (£292 per sq foot).
The average size of a house on PICKERING STREET is 104 sq meters (1,128 sq feet).