£265,514
This estimated value is based upon the latest sale price for the house of £172,500 on 29 Jul 2014. 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 |
---|---|
£172,500 | 29 Jul 2014 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,059 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 2014 the House Price Index for GREATER MANCHESTER was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £172,500 results in an estimated price of approximately £265,514.
29 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £172,500 | £93,014 | £265,514 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | 81.717 % | £140,962 | £313,462 |
3 Month Average | 81.432 % | £140,470 | £312,970 |
6 Month Average | 85.216 % | £146,997 | £319,497 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £179,950 | £179,950 | FLAT 5 10 CEDARWOOD CLOSE |
9 Apr 2024 | £272,365 | £270,000 | 13 PATTERDALE ROAD |
14 Aug 2023 | £298,382 | £293,000 | 19 PATTERDALE ROAD |
21 Apr 2023 | £336,290 | £330,000 | 3 PATTERDALE ROAD |
12 Aug 2022 | £296,386 | £295,000 | 3 ROYLE GREEN ROAD |
This house has a floor area of 98 sq meters or 1,059 sq feet when measured on 23 Dec 2011. Using an estimated price of £265,515 means this house is valued at £2,697 per sq meter (£250 per sq foot).
The average size of a house on PATTERDALE ROAD is 104 sq meters (1,128 sq feet).