£171,730
This estimated value is based upon the latest sale price for the house of £36,500 on 24 Jul 1998. 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 |
---|---|
£36,500 | 24 Jul 1998 |
Terraced |
Freehold |
Floor Area: 72 sq meters or 775 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 July 1998 the House Price Index for GREATER MANCHESTER was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.495%.Applying this 370.495% change to the original purchase price of £36,500 results in an estimated price of approximately £171,730.
24 Jul 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.8 | 149.7 | 370.495 % | £36,500 | £135,230 | £171,730 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 439.282 % | £160,338 | £196,838 |
3 Month Average | 588.853 % | £214,931 | £251,431 |
6 Month Average | 584.352 % | £213,288 | £249,788 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £299,194 | £290,000 | 236 MOSELEY ROAD |
14 Nov 2023 | £210,339 | £205,000 | 2 SANTON AVENUE |
6 Nov 2023 | £205,209 | £200,000 | 148 BRAEMAR ROAD |
20 Oct 2023 | £173,951 | £170,000 | 129 BRAILSFORD ROAD |
30 Jun 2023 | £489,816 | £480,000 | 38 ABERGELE ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 6 Mar 2019. Using an estimated price of £171,731 means this house is valued at £2,385 per sq meter (£221 per sq foot).
The average size of a house on ABERGELE ROAD is 84 sq meters (911 sq feet).