£98,555
This estimated value is based upon the latest sale price for the house of £95,000 on 12 Apr 2022. 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 |
---|---|
£95,000 | 12 Apr 2022 |
£84,800 | 18 Mar 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 April 2022 the House Price Index for GREATER MANCHESTER was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £95,000 results in an estimated price of approximately £98,555.
12 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £95,000 | £3,555 | £98,555 |
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 | -0.697 % | £-662 | £94,337 |
3 Month Average | 6.451 % | £6,128 | £101,128 |
6 Month Average | 4.963 % | £4,715 | £99,715 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2023 | £83,677 | £82,000 | 1 MARSHBROOK DRIVE |
8 Jun 2023 | £102,045 | £100,000 | 10 THORNDALE COURT |
23 Mar 2023 | £218,702 | £215,050 | 11 ELMSTONE CLOSE |
10 Mar 2023 | £96,613 | £95,000 | 2 THORNDALE COURT |
27 Feb 2023 | £241,614 | £240,000 | 22 MARSHBROOK DRIVE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 3 Oct 2013. Using an estimated price of £98,555 means this house is valued at £2,190 per sq meter (£203 per sq foot).
The average size of a house on THORNDALE COURT is 55 sq meters (602 sq feet).