£219,486
This estimated value is based upon the latest sale price for the house of £105,000 on 2 Mar 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 |
|---|---|
| £105,000 | 2 Mar 2004 |
| £50,000 | 10 Oct 2003 |
| Terraced |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 2004 the House Price Index for GREATER MANCHESTER was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £105,000 results in an estimated price of approximately £219,486.
| 2 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £105,000 | £114,486 | £219,486 |
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 | 20.133 % | £21,140 | £126,140 |
| 3 Month Average | 249.316 % | £261,781 | £366,781 |
| 6 Month Average | 324.422 % | £340,643 | £445,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Feb 2023 | £379,744 | £380,000 | 6 KING EDWARD BUILDINGS BURY OLD ROAD |
| 23 Jan 2023 | £826,109 | £830,000 | 12 LEICESTER AVENUE |
| 22 Mar 2022 | £113,989 | £110,000 | 24 WARREN STREET |
| 21 Jan 2022 | £315,722 | £300,000 | 6 PARK AVENUE |
| 11 Jan 2022 | £263,102 | £250,000 | 29 GEORGE STREET SOUTH |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 19 May 2015. Using an estimated price of £219,487 means this house is valued at £3,919 per sq meter (£364 per sq foot).
The average size of a house on GEORGE STREET NORTH is 86 sq meters (934 sq feet).