£208,085
This estimated value is based upon the latest sale price for the house of £119,500 on 11 Aug 2011. 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 |
|---|---|
| £119,500 | 11 Aug 2011 |
| Semi-Detached |
| Leasehold |
| Floor Area: 81 sq meters or 877 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 August 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £119,500 results in an estimated price of approximately £208,085.
| 11 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.130 % | £119,500 | £88,585 | £208,085 |
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 | 94.171 % | £112,534 | £232,034 |
| 3 Month Average | 99.220 % | £118,568 | £238,068 |
| 6 Month Average | 92.515 % | £110,555 | £230,055 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £330,145 | £320,000 | 10 TUMBLING BANK |
| 20 Dec 2023 | £201,182 | £195,000 | 7 FRENCH BARN LANE |
| 14 Dec 2023 | £299,194 | £290,000 | 57 FRENCH BARN LANE |
| 30 Nov 2023 | £125,178 | £122,000 | FLAT 14 103 OLD MARKET STREET |
| 22 Feb 2023 | £120,807 | £120,000 | 30 FOTHERBY DRIVE |
This house has a floor area of 81 sq meters or 877 sq feet when measured on 12 Apr 2011. Using an estimated price of £208,085 means this house is valued at £2,553 per sq meter (£237 per sq foot).
The average size of a house on HILL LANE is 111 sq meters (1,195 sq feet).