£48,769
This estimated value is based upon the latest sale price for the house of £15,500 on 14 Jan 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £15,500 | 14 Jan 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 January 2002 the House Price Index for GREATER MANCHESTER was 47.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 214.641%.Applying this 214.641% change to the original purchase price of £15,500 results in an estimated price of approximately £48,769.
| 14 Jan 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 47.6 | 149.7 | 214.641 % | £15,500 | £33,269 | £48,769 |
The Postcode Pricing Model uses changes in average sales price within the M23 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 | 510.083 % | £79,062 | £94,562 |
| 3 Month Average | 301.122 % | £46,673 | £62,173 |
| 6 Month Average | 293.270 % | £45,456 | £60,956 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2024 | £215,000 | £215,000 | 22 BECKFIELD ROAD |
| 23 May 2024 | £225,000 | £225,000 | 8 LEVEN WALK |
| 10 Mar 2024 | £218,355 | £215,000 | 87 FOURACRES ROAD |
| 13 Nov 2023 | £160,063 | £156,000 | 59 FOURACRES ROAD |
| 3 Oct 2023 | £245,578 | £240,000 | 9 GREENBROW ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 21 Jan 2016. Using an estimated price of £48,769 means this house is valued at £567 per sq meter (£52 per sq foot).
The average size of a house on FOURACRES ROAD is 92 sq meters (999 sq feet).