£282,644
This estimated value is based upon the latest sale price for the house of £50,000 on 14 May 1996. 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 |
|---|---|
| £50,000 | 14 May 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 May 1996 the House Price Index for GREATER MANCHESTER was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 465.290%.Applying this 465.290% change to the original purchase price of £50,000 results in an estimated price of approximately £282,644.
| 14 May 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 465.290 % | £50,000 | £232,644 | £282,644 |
The Postcode Pricing Model uses changes in average sales price within the M21 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 | 651.663 % | £325,831 | £375,831 |
| 3 Month Average | 587.740 % | £293,869 | £343,869 |
| 6 Month Average | 593.125 % | £296,562 | £346,562 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £395,938 | £392,500 | 3 PEVERIL CRESCENT |
| 18 Oct 2023 | £511,620 | £500,000 | 9 SARK ROAD |
| 13 Jun 2023 | £392,873 | £385,000 | 8 POLRUAN ROAD |
| 3 Feb 2023 | £410,744 | £408,000 | 30 PEVERIL CRESCENT |
| 31 Oct 2022 | £139,534 | £140,000 | 10A POLRUAN ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 15 Mar 2017. Using an estimated price of £282,645 means this house is valued at £3,248 per sq meter (£301 per sq foot).
The average size of a house on SARK ROAD is 82 sq meters (890 sq feet).