£394,176
This estimated value is based upon the latest sale price for the house of £320,500 on 13 Sep 2018. 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 |
|---|---|
| £320,500 | 13 Sep 2018 |
| £197,000 | 14 May 2004 |
| £102,000 | 29 Jun 2001 |
| £61,000 | 19 Dec 1996 |
| Terraced |
| Freehold |
| Floor Area: 113 sq meters or 1,225 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 September 2018 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.988%.Applying this 22.988% change to the original purchase price of £320,500 results in an estimated price of approximately £394,176.
| 13 Sep 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 22.988 % | £320,500 | £73,676 | £394,176 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 26.282 % | £84,233 | £404,733 |
| 3 Month Average | 12.521 % | £40,129 | £360,629 |
| 6 Month Average | 27.373 % | £87,729 | £408,229 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £173,278 | £170,000 | 101A CROSS STREET |
| 1 Nov 2023 | £526,762 | £520,000 | FLAT 1 6 DOVESTON ROAD |
| 2 Jun 2023 | £350,341 | £347,500 | 101 CROSS STREET |
| 11 Apr 2023 | £57,931 | £57,500 | 3 RED ROSE GARDENS |
| 8 Aug 2022 | £217,034 | £218,500 | 3 SOMERSET PLACE |
This house has a floor area of 113 sq meters or 1,225 sq feet when measured on 7 Jan 2009. Using an estimated price of £394,176 means this house is valued at £3,461 per sq meter (£321 per sq foot).
The average size of a house on MERSEY ROAD is 131 sq meters (1,419 sq feet).