£190,695
This estimated value is based upon the latest sale price for the house of £110,000 on 13 Sep 2008. 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 |
|---|---|
| £110,000 | 13 Sep 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 September 2008 the House Price Index for GREATER MANCHESTER was 86.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.360%.Applying this 73.360% change to the original purchase price of £110,000 results in an estimated price of approximately £190,695.
| 13 Sep 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 149.7 | 73.360 % | £110,000 | £80,695 | £190,695 |
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 | 74.626 % | £82,088 | £192,088 |
| 3 Month Average | 63.021 % | £69,322 | £179,322 |
| 6 Month Average | 75.852 % | £83,437 | £193,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £429,761 | £420,000 | 2 PARKSIDE AVENUE |
| 22 Feb 2023 | £302,017 | £300,000 | 4 IVY GARDENS |
| 6 Jan 2023 | £391,045 | £390,000 | 4 MANDLEY PARK AVENUE |
| 7 Mar 2022 | £704,655 | £675,000 | 1 SALTIRE GARDENS |
| 23 Dec 2021 | £404,740 | £375,000 | 24 TETLOW LANE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 23 May 2016. Using an estimated price of £190,696 means this house is valued at £1,513 per sq meter (£140 per sq foot).
The average size of a house on TETLOW LANE is 142 sq meters (1,529 sq feet).