£347,082
This estimated value is based upon the latest sale price for the house of £339,200 on 16 Oct 2023. 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 |
---|---|
£339,200 | 16 Oct 2023 |
£175,000 | 10 Apr 2015 |
£94,950 | 17 Jan 2001 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 925 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 October 2023 the House Price Index for GREATER MANCHESTER was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £339,200 results in an estimated price of approximately £347,082.
16 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £339,200 | £7,882 | £347,082 |
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 | 15.651 % | £53,088 | £392,288 |
3 Month Average | 5.079 % | £17,227 | £356,427 |
6 Month Average | 1.411 % | £4,786 | £343,986 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Apr 2024 | £353,066 | £350,000 | 23 SOUTHERN ROAD |
16 Oct 2023 | £347,083 | £339,200 | 19 STAMFORD STREET |
7 Sep 2023 | £536,834 | £525,000 | 15 SOUTHERN ROAD |
1 Aug 2023 | £320,786 | £315,000 | 15 STAMFORD STREET |
14 Apr 2023 | £341,385 | £335,000 | 2 LAWSON GROVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 10 Jan 2015. Using an estimated price of £347,083 means this house is valued at £4,035 per sq meter (£374 per sq foot).
The average size of a house on STAMFORD STREET is 85 sq meters (925 sq feet).