£173,122
This estimated value is based upon the latest sale price for the house of £170,000 on 31 Aug 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 |
|---|---|
| £170,000 | 31 Aug 2023 |
| £89,000 | 12 Dec 2014 |
| £34,000 | 9 Aug 2002 |
| Terraced |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 2023 the House Price Index for GREATER MANCHESTER was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £170,000 results in an estimated price of approximately £173,122.
| 31 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £170,000 | £3,122 | £173,122 |
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 | 6.929 % | £11,778 | £181,778 |
| 3 Month Average | 16.764 % | £28,498 | £198,498 |
| 6 Month Average | 7.422 % | £12,616 | £182,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £242,102 | £240,000 | 22 SIDMOUTH DRIVE |
| 8 Mar 2024 | £231,558 | £228,000 | 11 OAKSHAW CLOSE |
| 30 Nov 2023 | £125,178 | £122,000 | FLAT 14 103 OLD MARKET STREET |
| 27 Oct 2023 | £243,019 | £237,500 | 65 OLD ROAD |
| 31 Aug 2023 | £173,122 | £170,000 | 3 LION STREET |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 13 Dec 2013. Using an estimated price of £173,122 means this house is valued at £3,329 per sq meter (£309 per sq foot).
The average size of a house on LION STREET is 66 sq meters (710 sq feet).