£438,068
This estimated value is based upon the latest sale price for the house of £295,000 on 27 Mar 2015. 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 |
---|---|
£295,000 | 27 Mar 2015 |
£223,000 | 16 Jul 2013 |
Semi-Detached |
Freehold |
Floor Area: 151 sq meters or 1,625 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 March 2015 the House Price Index for GREATER MANCHESTER was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £295,000 results in an estimated price of approximately £438,068.
27 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 149.7 | 48.498 % | £295,000 | £143,068 | £438,068 |
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 | 30.309 % | £89,412 | £384,412 |
3 Month Average | 40.877 % | £120,587 | £415,587 |
6 Month Average | 48.250 % | £142,337 | £437,337 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Nov 2022 | £229,925 | £231,000 | FLAT 6 STRADA APARTMENTS, 30 - 32 STANLEY ROAD |
20 Jun 2022 | £224,805 | £220,000 | FLAT 8 STRADA APARTMENTS, 30 - 32 STANLEY ROAD |
25 Nov 2021 | £212,456 | £195,000 | APARTMENT 20 WELLER COURT, 38 STANLEY ROAD |
27 Nov 2020 | £216,068 | £185,000 | APARTMENT 24 WELLER COURT, 38 STANLEY ROAD |
9 Oct 2020 | £22,158 | £18,750 | 5 DEMESNE ROAD |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 12 Sep 2014. Using an estimated price of £438,069 means this house is valued at £2,901 per sq meter (£269 per sq foot).
The average size of a house on ALNESS ROAD is 120 sq meters (1,296 sq feet).