£167,940
This estimated value is based upon the latest sale price for the house of £140,000 on 25 Mar 2020. 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 |
|---|---|
| £140,000 | 25 Mar 2020 |
| £140,000 | 25 Mar 2020 |
| £117,500 | 26 Jun 2014 |
| £80,000 | 20 Nov 2003 |
| £34,000 | 21 Jun 1995 |
| Terraced |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 2020 the House Price Index for GREATER MANCHESTER was 123.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.957%.Applying this 19.957% change to the original purchase price of £140,000 results in an estimated price of approximately £167,940.
| 25 Mar 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.0 | 19.957 % | £140,000 | £27,940 | £167,940 |
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 | 8.213 % | £11,498 | £151,498 |
| 3 Month Average | 58.793 % | £82,310 | £222,310 |
| 6 Month Average | 47.721 % | £66,809 | £206,809 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £222,861 | £220,000 | 22 PORTRUSH ROAD |
| 3 Apr 2023 | £221,647 | £220,000 | 51 PORTRUSH ROAD |
| 28 Feb 2023 | £228,917 | £230,000 | 34 WEXFORD WALK |
| 29 Apr 2022 | £232,820 | £227,000 | 2 PORTRUSH ROAD |
| 29 Apr 2022 | £207,179 | £202,000 | 39 PORTRUSH ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 9 Jul 2014. Using an estimated price of £167,940 means this house is valued at £2,399 per sq meter (£222 per sq foot).
The average size of a house on WEXFORD WALK is 81 sq meters (871 sq feet).