£278,712
This estimated value is based upon the latest sale price for the house of £158,500 on 2 May 2006. 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 |
|---|---|
| £158,500 | 2 May 2006 |
| £97,000 | 23 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 May 2006 the House Price Index for GREATER MANCHESTER was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £158,500 results in an estimated price of approximately £278,712.
| 2 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.844 % | £158,500 | £120,212 | £278,712 |
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 | 133.868 % | £212,180 | £370,680 |
| 3 Month Average | 100.159 % | £158,752 | £317,252 |
| 6 Month Average | 82.940 % | £131,460 | £289,960 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £190,865 | £185,000 | FLAT 8 8 ROEBUCK LANE |
| 20 Jun 2023 | £316,339 | £310,000 | 23 ALBION GROVE |
| 3 Mar 2023 | £565,466 | £556,023 | 13 BROADOAKS ROAD |
| 30 Jan 2023 | £736,969 | £735,000 | 5 BROADOAKS ROAD |
| 1 Jun 2022 | £372,973 | £365,000 | 12 PALMER STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 13 Aug 2021. Using an estimated price of £278,713 means this house is valued at £3,766 per sq meter (£349 per sq foot).
The average size of a house on ALBION GROVE is 88 sq meters (955 sq feet).