£203,212
This estimated value is based upon the latest sale price for the house of £200,000 on 20 Feb 2023. 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 |
---|---|
£200,000 | 20 Feb 2023 |
£115,000 | 30 Jun 2009 |
£129,995 | 14 Jan 2005 |
Detached |
Leasehold |
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 February 2023 the House Price Index for GREATER MANCHESTER was 99.6.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 1.606%.Applying this 1.606% change to the original purchase price of £200,000 results in an estimated price of approximately £203,212.
20 Feb 2023 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 101.2 | 1.606 % | £200,000 | £3,212 | £203,212 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | -15.614 % | £-31,228 | £168,771 |
3 Month Average | -10.744 % | £-21,487 | £178,512 |
6 Month Average | -5.702 % | £-11,404 | £188,595 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £161,545 | £155,000 | 35 MONSALL STREET |
3 Nov 2023 | £155,533 | £150,000 | 12 PORTER DRIVE |
20 Jun 2023 | £146,920 | £143,000 | 388 LATHBURY ROAD |
4 Jan 2023 | £121,440 | £120,000 | 10 TADCASTER DRIVE |
14 Oct 2022 | £157,087 | £156,000 | 54 SIGNAL DRIVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 15 May 2015.
The average size of a house on SIGNAL DRIVE is 68 sq meters (742 sq feet).