£320,970
This estimated value is based upon the latest sale price for the house of £255,000 on 9 Feb 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 |
|---|---|
| £255,000 | 9 Feb 2018 |
| £180,000 | 29 Jun 2012 |
| £167,500 | 17 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 February 2018 the House Price Index for GREATER MANCHESTER was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £255,000 results in an estimated price of approximately £320,970.
| 9 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £255,000 | £65,970 | £320,970 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 33.391 % | £85,147 | £340,147 |
| 3 Month Average | 50.938 % | £129,890 | £384,890 |
| 6 Month Average | 51.475 % | £131,260 | £386,260 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2023 | £361,029 | £355,000 | 18 CHURCH LANE |
| 9 Jan 2023 | £250,670 | £250,000 | 43 CHURCH LANE |
| 15 Jul 2022 | £112,629 | £111,500 | FLAT 14 CHAPEL COURT GREEN LANE |
| 26 May 2022 | £359,362 | £350,000 | 14 CHURCH LANE |
| 25 Apr 2022 | £680,030 | £655,500 | 85 CHURCH LANE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 1 Aug 2016. Using an estimated price of £320,971 means this house is valued at £3,414 per sq meter (£317 per sq foot).
The average size of a house on CHAPEL LANE is 107 sq meters (1,159 sq feet).
This house is the largest in the street with a floor area of 94 sq meters (1,011 sq feet).