£172,553
This estimated value is based upon the latest sale price for the house of £110,000 on 25 Apr 2014. 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 |
|---|---|
| £110,000 | 25 Apr 2014 |
| £150,000 | 12 Oct 2007 |
| Flats/Maisonettes |
| Leasehold |
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 April 2014 the House Price Index for GREATER MANCHESTER was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £110,000 results in an estimated price of approximately £172,553.
| 25 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £110,000 | £62,553 | £172,553 |
The Postcode Pricing Model uses changes in average sales price within the M41 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 | 77.016 % | £84,717 | £194,717 |
| 3 Month Average | 88.365 % | £97,201 | £207,201 |
| 6 Month Average | 80.958 % | £89,053 | £199,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £168,835 | £165,000 | APARTMENT 4 283 STRETFORD ROAD |
| 3 Feb 2023 | £156,042 | £155,000 | 296A STRETFORD ROAD |
| 29 Sep 2022 | £164,890 | £165,000 | APARTMENT 3 281 STRETFORD ROAD |
| 16 May 2022 | £359,362 | £350,000 | 6 LEMON TREE GROVE |
| 11 Mar 2022 | £149,804 | £143,500 | APARTMENT 2 281 STRETFORD ROAD |