£160,931
This estimated value is based upon the latest sale price for the house of £70,000 on 19 Sep 2003. 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 |
|---|---|
| £70,000 | 19 Sep 2003 |
| £68,500 | 21 Nov 2000 |
| Detached |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 September 2003 the House Price Index for GREATER MANCHESTER was 65.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 129.902%.Applying this 129.902% change to the original purchase price of £70,000 results in an estimated price of approximately £160,931.
| 19 Sep 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 149.7 | 129.902 % | £70,000 | £90,931 | £160,931 |
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 | 306.996 % | £214,897 | £284,897 |
| 3 Month Average | 349.338 % | £244,536 | £314,536 |
| 6 Month Average | 334.898 % | £234,428 | £304,428 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Feb 2023 | £256,715 | £255,000 | 126 HILL LANE |
| 13 Oct 2022 | £199,334 | £200,000 | 2 WESTLAND DRIVE |
| 27 Jun 2022 | £243,199 | £238,000 | 7 LAUREL BANK GARDENS |
| 27 Jun 2022 | £243,199 | £238,000 | 11 LAUREL BANK GARDENS |
| 7 Mar 2022 | £215,050 | £206,000 | 15 STONEMEAD DRIVE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 23 Oct 2015. Using an estimated price of £160,932 means this house is valued at £2,638 per sq meter (£245 per sq foot).
The average size of a house on LAUREL BANK GARDENS is 82 sq meters (893 sq feet).