£95,253
This estimated value is based upon the latest sale price for the house of £49,500 on 19 Jul 2004. 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 |
|---|---|
| £49,500 | 19 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 July 2004 the House Price Index for GREATER MANCHESTER was 76.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 92.432%.Applying this 92.432% change to the original purchase price of £49,500 results in an estimated price of approximately £95,253.
| 19 Jul 2004 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 146.7 | 92.432 % | £49,500 | £45,753 | £95,253 |
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 | 95.268 % | £47,157 | £96,657 |
| 3 Month Average | 160.349 % | £79,372 | £128,872 |
| 6 Month Average | 195.118 % | £96,583 | £146,083 |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 12 Sep 2019.
The average size of a house on ROMSLEY CLOSE is 73 sq meters (795 sq feet).
This house is the largest in the street with a floor area of 59 sq meters (635 sq feet).