£121,896
This estimated value is based upon the latest sale price for the house of £70,857 on 30 Mar 2011. 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 |
---|---|
£70,857 | 30 Mar 2011 |
Terraced |
Leasehold |
Floor Area: 90 sq meters or 972 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 March 2011 the House Price Index for GREATER MANCHESTER was 86.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.032%.Applying this 72.032% change to the original purchase price of £70,857 results in an estimated price of approximately £121,896.
30 Mar 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.4 | 148.6 | 72.032 % | £70,857 | £51,039 | £121,896 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | -53.367 % | £-37,814 | £33,042 |
3 Month Average | 74.995 % | £53,139 | £123,996 |
6 Month Average | 101.925 % | £72,221 | £143,078 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Apr 2023 | £321,461 | £318,000 | 155 BROUGHTON LANE |
9 Mar 2023 | £111,046 | £110,000 | APARTMENT 3 151 BROUGHTON LANE |
10 Feb 2023 | £114,923 | £115,000 | APARTMENT 2 64 LORD STREET |
20 Jun 2022 | £220,618 | £217,500 | APARTMENT 1 21 LORD STREET |
13 Aug 2021 | £109,330 | £98,000 | APARTMENT 6 151 BROUGHTON LANE |
This house has a floor area of 90 sq meters or 972 sq feet when measured on 24 Aug 2010. Using an estimated price of £121,897 means this house is valued at £1,348 per sq meter (£125 per sq foot).
The average size of a house on LORD STREET is 89 sq meters (965 sq feet).