£77,069
This estimated value is based upon the latest sale price for the house of £40,000 on 12 Aug 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 |
|---|---|
| £40,000 | 12 Aug 2004 |
| £13,000 | 16 Apr 1998 |
| £26,000 | 21 Feb 1997 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 August 2004 the House Price Index for GREATER MANCHESTER was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £40,000 results in an estimated price of approximately £77,069.
| 12 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £40,000 | £37,069 | £77,069 |
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 | 235.777 % | £94,310 | £134,310 |
| 3 Month Average | 172.881 % | £69,152 | £109,152 |
| 6 Month Average | 209.770 % | £83,908 | £123,908 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £152,956 | £151,000 | 3 STONEHEAD STREET |
| 7 Jun 2023 | £121,471 | £120,000 | 27 LILY LANE |
| 10 Mar 2023 | £134,770 | £133,500 | 50 SILTON STREET |
| 24 Feb 2023 | £159,892 | £160,000 | 17 LILY LANE |
| 17 Mar 2022 | £139,895 | £135,000 | 31 LILY LANE |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 28 Jun 2016. Using an estimated price of £77,069 means this house is valued at £846 per sq meter (£78 per sq foot).
The average size of a house on LILY LANE is 90 sq meters (977 sq feet).