£86,736
This estimated value is based upon the latest sale price for the house of £65,000 on 21 Oct 2016. 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 |
|---|---|
| £65,000 | 21 Oct 2016 |
| £75,000 | 9 Sep 2010 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 October 2016 the House Price Index for GREATER MANCHESTER was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £65,000 results in an estimated price of approximately £86,736.
| 21 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £65,000 | £21,736 | £86,736 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 103.187 % | £67,071 | £132,071 |
| 3 Month Average | 76.875 % | £49,968 | £114,968 |
| 6 Month Average | 70.221 % | £45,643 | £110,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Aug 2023 | £132,388 | £130,000 | 18 ETHEL AVENUE |
| 10 Aug 2023 | £112,020 | £110,000 | 17 BEARDWOOD ROAD |
| 7 Mar 2023 | £152,548 | £150,000 | 25 BEARDWOOD ROAD |
| 2 Feb 2023 | £145,975 | £145,000 | 38 CECIL ROAD |
| 5 Sep 2022 | £61,459 | £61,500 | FLAT 3, CECIL COURT 44 CECIL ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 20 Dec 2021. Using an estimated price of £86,737 means this house is valued at £1,156 per sq meter (£107 per sq foot).
The average size of a house on CECIL ROAD is 74 sq meters (806 sq feet).