£177,563
This estimated value is based upon the latest sale price for the house of £142,500 on 17 Aug 2018. 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 |
---|---|
£142,500 | 17 Aug 2018 |
£55,000 | 28 Mar 2003 |
£34,750 | 30 May 1997 |
Semi-Detached |
Leasehold |
Floor Area: 89 sq meters or 957 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 August 2018 the House Price Index for GREATER MANCHESTER was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £142,500 results in an estimated price of approximately £177,563.
17 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.1 | 149.7 | 24.606 % | £142,500 | £35,063 | £177,563 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 40.564 % | £57,803 | £200,303 |
3 Month Average | 69.352 % | £98,825 | £241,325 |
6 Month Average | 51.528 % | £73,428 | £215,928 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £179,558 | £175,000 | 1124 ROCHDALE ROAD |
6 Oct 2023 | £191,346 | £187,000 | 1134 ROCHDALE ROAD |
9 Aug 2023 | £163,957 | £161,000 | 1319 ROCHDALE ROAD |
9 Aug 2023 | £173,122 | £170,000 | 20 MANSFIELD ROAD |
28 Apr 2023 | £128,402 | £126,000 | 36 WALKER ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 19 Apr 2018. Using an estimated price of £177,564 means this house is valued at £1,995 per sq meter (£185 per sq foot).
The average size of a house on ROCHDALE ROAD is 95 sq meters (1,027 sq feet).