£142,687
This estimated value is based upon the latest sale price for the house of £107,500 on 30 Nov 2016. 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 |
|---|---|
| £107,500 | 30 Nov 2016 |
| £100,000 | 20 Jul 2012 |
| £107,000 | 29 Sep 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 November 2016 the House Price Index for GREATER MANCHESTER was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £107,500 results in an estimated price of approximately £142,687.
| 30 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £107,500 | £35,187 | £142,687 |
The Postcode Pricing Model uses changes in average sales price within the M16 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 | 57.948 % | £62,293 | £169,793 |
| 3 Month Average | 34.853 % | £37,466 | £144,966 |
| 6 Month Average | 43.838 % | £47,125 | £154,625 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £270,000 | £270,000 | 14 HENRY STREET |
| 13 Apr 2023 | £392,338 | £385,000 | 481 CHESTER ROAD |
| 20 Jan 2023 | £242,648 | £242,000 | 22 NORTHUMBERLAND ROAD |
| 24 Apr 2022 | £280,104 | £270,000 | 468 CHESTER ROAD |
| 29 Sep 2021 | £271,392 | £250,000 | 477 CHESTER ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 9 Dec 2016. Using an estimated price of £142,688 means this house is valued at £2,378 per sq meter (£220 per sq foot).
The average size of a house on NORTHUMBERLAND CRESCENT is 106 sq meters (1,141 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).