£675,942
This estimated value is based upon the latest sale price for the house of £630,000 on 4 Jun 2021. 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 |
|---|---|
| £630,000 | 4 Jun 2021 |
| £250,000 | 22 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 178 sq meters or 1,915 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 June 2021 the House Price Index for GREATER MANCHESTER was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £630,000 results in an estimated price of approximately £675,942.
| 4 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £630,000 | £45,942 | £675,942 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | -56.887 % | £-358,388 | £271,611 |
| 3 Month Average | -12.689 % | £-79,937 | £550,062 |
| 6 Month Average | -16.567 % | £-104,373 | £525,626 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £267,175 | £262,500 | 8 LYME STREET |
| 11 Aug 2023 | £337,957 | £335,000 | 10 RANWORTH AVENUE |
| 24 Jan 2023 | £373,242 | £375,000 | 7 RANWORTH AVENUE |
| 30 Sep 2022 | £282,717 | £285,000 | 36 LYME STREET |
| 28 Jul 2022 | £450,212 | £449,000 | 6 RANWORTH AVENUE |
This house has a floor area of 178 sq meters or 1,915 sq feet when measured on 14 Sep 2020. Using an estimated price of £675,942 means this house is valued at £3,797 per sq meter (£352 per sq foot).
The average size of a house on MERSEY ROAD is 159 sq meters (1,712 sq feet).