£138,459
This estimated value is based upon the latest sale price for the house of £135,500 on 10 Jun 2022. 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 |
---|---|
£135,500 | 10 Jun 2022 |
£81,000 | 6 Sep 2016 |
Terraced |
Freehold |
Floor Area: 52 sq meters or 559 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 2022 the House Price Index for GREATER MANCHESTER was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £135,500 results in an estimated price of approximately £138,459.
10 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 149.7 | 2.184 % | £135,500 | £2,959 | £138,459 |
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 | -39.185 % | £-53,095 | £82,404 |
3 Month Average | 8.511 % | £11,533 | £147,033 |
6 Month Average | 3.531 % | £4,784 | £140,284 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 May 2024 | £97,500 | £97,500 | FLAT 14 ST JAMES HOUSE KINGSMEAD MEWS |
30 Oct 2023 | £173,951 | £170,000 | 12 WARRINGTON ROAD |
8 Sep 2023 | £140,088 | £137,000 | 17 WILMA AVENUE |
2 Aug 2023 | £137,480 | £135,000 | 4 WAVERTREE ROAD |
20 Oct 2022 | £156,477 | £157,000 | 11A WAVERTREE ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 9 Jan 2016. Using an estimated price of £138,460 means this house is valued at £2,662 per sq meter (£247 per sq foot).
The average size of a house on WAVERTREE ROAD is 62 sq meters (677 sq feet).