£124,430
This estimated value is based upon the latest sale price for the house of £89,245 on 18 Dec 2015. 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 |
---|---|
£89,245 | 18 Dec 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 December 2015 the House Price Index for GREATER MANCHESTER was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £89,245 results in an estimated price of approximately £124,430.
18 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £89,245 | £35,185 | £124,430 |
The Postcode Pricing Model uses changes in average sales price within the M13 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 | 12.009 % | £10,717 | £99,962 |
3 Month Average | 41.297 % | £36,855 | £126,100 |
6 Month Average | 48.412 % | £43,204 | £132,449 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £278,620 | £276,200 | 234 STOCKPORT ROAD |
4 Apr 2024 | £143,748 | £142,500 | FLAT 5 212 STOCKPORT ROAD |
13 Nov 2023 | £184,688 | £180,000 | 72 MARKFIELD AVENUE |
22 Jun 2023 | £311,237 | £305,000 | 276 STOCKPORT ROAD |
30 Mar 2023 | £274,586 | £270,000 | 38 FLIXTON ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 27 May 2015. Using an estimated price of £124,431 means this house is valued at £2,145 per sq meter (£199 per sq foot).
The average size of a house on STOCKPORT ROAD is 74 sq meters (797 sq feet).