£192,055
This estimated value is based upon the latest sale price for the house of £112,000 on 6 Jul 2012. 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 |
---|---|
£112,000 | 6 Jul 2012 |
Terraced |
Freehold |
Floor Area: 86 sq meters or 932 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 July 2012 the House Price Index for GREATER MANCHESTER was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £112,000 results in an estimated price of approximately £192,055.
6 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 149.7 | 71.478 % | £112,000 | £80,055 | £192,055 |
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 | 18.307 % | £20,504 | £132,504 |
3 Month Average | 95.142 % | £106,558 | £218,558 |
6 Month Average | 100.091 % | £112,101 | £224,101 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Oct 2023 | £209,253 | £204,500 | 62 ROBINSWOOD ROAD |
22 Mar 2023 | £172,887 | £170,000 | 6 HOLLINS WALK |
12 Jan 2023 | £215,576 | £215,000 | 45 ROBINSWOOD ROAD |
7 Jun 2022 | £219,696 | £215,000 | 5 GIBBON AVENUE |
5 May 2022 | £210,484 | £205,000 | 408 PORTWAY |
This house has a floor area of 86 sq meters or 932 sq feet when measured on 28 Jun 2011. Using an estimated price of £192,055 means this house is valued at £2,216 per sq meter (£205 per sq foot).
The average size of a house on ROBINSWOOD ROAD is 93 sq meters (1,003 sq feet).