£333,312
This estimated value is based upon the latest sale price for the house of £214,000 on 9 May 2014. 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 |
|---|---|
| £214,000 | 9 May 2014 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 May 2014 the House Price Index for GREATER MANCHESTER was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £214,000 results in an estimated price of approximately £333,312.
| 9 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £214,000 | £119,312 | £333,312 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | 96.149 % | £205,758 | £419,758 |
| 3 Month Average | 76.904 % | £164,575 | £378,575 |
| 6 Month Average | 86.848 % | £185,855 | £399,855 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £255,810 | £250,000 | 3 FORD LANE |
| 1 Sep 2023 | £152,307 | £148,950 | FLAT 21 BOAT LANE COURT, 34 BRETT STREET |
| 28 Mar 2022 | £292,249 | £279,950 | 1 OLLERTON CLOSE |
| 5 Oct 2021 | £144,907 | £130,000 | FLAT 36 BOAT LANE COURT, 34 BRETT STREET |
| 23 Sep 2021 | £263,793 | £243,000 | 4 OLLERTON CLOSE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 4 Nov 2013. Using an estimated price of £333,312 means this house is valued at £3,703 per sq meter (£344 per sq foot).
The average size of a house on BOAT LANE is 95 sq meters (1,032 sq feet).