£234,062
This estimated value is based upon the latest sale price for the house of £190,000 on 10 Aug 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 |
|---|---|
| £190,000 | 10 Aug 2018 |
| £125,000 | 17 Dec 2012 |
| £112,000 | 8 Jun 2004 |
| £62,500 | 3 Jan 2001 |
| Terraced |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 2018 the House Price Index for GREATER MANCHESTER was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £190,000 results in an estimated price of approximately £234,062.
| 10 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £190,000 | £44,062 | £234,062 |
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 | -9.066 % | £-17,224 | £172,775 |
| 3 Month Average | 17.126 % | £32,539 | £222,539 |
| 6 Month Average | 29.389 % | £55,838 | £245,838 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £339,755 | £337,000 | 282 NORRIS ROAD |
| 14 Apr 2023 | £282,097 | £280,000 | 268 NORRIS ROAD |
| 17 Feb 2023 | £237,875 | £239,000 | 19 GATLEY ROAD |
| 7 Oct 2022 | £359,654 | £365,000 | 7 FRASER AVENUE |
| 24 Aug 2022 | £357,584 | £360,000 | 8 FRASER AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 2 Feb 2018. Using an estimated price of £234,063 means this house is valued at £2,629 per sq meter (£244 per sq foot).
The average size of a house on NORRIS ROAD is 102 sq meters (1,107 sq feet).