£161,516
This estimated value is based upon the latest sale price for the house of £129,000 on 14 Dec 2017. 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 |
|---|---|
| £129,000 | 14 Dec 2017 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2017 the House Price Index for GREATER MANCHESTER was 118.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.206%.Applying this 25.206% change to the original purchase price of £129,000 results in an estimated price of approximately £161,516.
| 14 Dec 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.0 | 25.206 % | £129,000 | £32,516 | £161,516 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | 44.830 % | £57,830 | £186,830 |
| 3 Month Average | 81.978 % | £105,751 | £234,751 |
| 6 Month Average | 58.786 % | £75,834 | £204,834 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £231,722 | £230,000 | 23 CALBOURNE CRESCENT |
| 14 Mar 2023 | £162,880 | £162,000 | 151 STANLEY GROVE |
| 13 Mar 2023 | £10,054 | £10,000 | GOREBROOK WORKS PINK BANK LANE |
| 23 May 2022 | £223,320 | £220,000 | 15 CALBOURNE CRESCENT |
| 28 Mar 2022 | £170,293 | £165,000 | 189 STANLEY GROVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 10 Jul 2017. Using an estimated price of £161,516 means this house is valued at £2,212 per sq meter (£205 per sq foot).
The average size of a house on STANLEY GROVE is 78 sq meters (840 sq feet).