£206,185
This estimated value is based upon the latest sale price for the house of £105,000 on 7 Jul 2004. 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 |
---|---|
£105,000 | 7 Jul 2004 |
Terraced |
Freehold |
Floor Area: 143 sq meters or 1,539 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 2004 the House Price Index for GREATER MANCHESTER was 76.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 96.367%.Applying this 96.367% change to the original purchase price of £105,000 results in an estimated price of approximately £206,185.
7 Jul 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
76.2 | 149.7 | 96.367 % | £105,000 | £101,185 | £206,185 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 70.372 % | £73,890 | £178,890 |
3 Month Average | 87.428 % | £91,799 | £196,799 |
6 Month Average | 140.749 % | £147,786 | £252,786 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 May 2024 | £128,500 | £128,500 | 15 DUCHESS ROAD |
12 Apr 2024 | £70,613 | £70,000 | 33 HALLWORTH ROAD |
8 Dec 2023 | £157,850 | £153,000 | 10 HALLWORTH ROAD |
14 Nov 2023 | £256,511 | £250,000 | 197 CRESCENT ROAD |
13 Feb 2023 | £206,379 | £205,000 | 171 CRESCENT ROAD |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 25 Nov 2016. Using an estimated price of £206,185 means this house is valued at £1,441 per sq meter (£133 per sq foot).
The average size of a house on CRESCENT ROAD is 125 sq meters (1,352 sq feet).