£277,128
This estimated value is based upon the latest sale price for the house of £272,500 on 10 Mar 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 |
---|---|
£272,500 | 10 Mar 2023 |
£210,000 | 28 Apr 2017 |
£169,000 | 2 May 2007 |
£145,000 | 16 Dec 2005 |
£62,500 | 25 Sep 1998 |
Terraced |
Leasehold |
Floor Area: 55 sq meters or 596 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 March 2023 the House Price Index for GREATER MANCHESTER was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £272,500 results in an estimated price of approximately £277,128.
10 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £272,500 | £4,628 | £277,128 |
The Postcode Pricing Model uses changes in average sales price within the WA14 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 | 13.848 % | £37,736 | £310,236 |
3 Month Average | -7.800 % | £-21,254 | £251,245 |
6 Month Average | -13.813 % | £-37,641 | £234,858 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2024 | £342,000 | £342,000 | 46 BRIDGEWATER ROAD |
25 Apr 2024 | £327,847 | £325,000 | 5 LAMPTON CLOSE |
28 Mar 2024 | £274,213 | £270,000 | 89 BRUNSWICK ROAD |
10 Nov 2023 | £205,209 | £200,000 | 11 LAMPTON CLOSE |
5 Oct 2023 | £223,066 | £218,000 | 51 BRIDGEWATER ROAD |
This house has a floor area of 55 sq meters or 596 sq feet when measured on 21 Oct 2009. Using an estimated price of £277,128 means this house is valued at £5,000 per sq meter (£464 per sq foot).
The average size of a house on LAMPTON CLOSE is 69 sq meters (750 sq feet).