£406,428
This estimated value is based upon the latest sale price for the house of £320,000 on 30 Aug 2017. 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 |
|---|---|
| £320,000 | 30 Aug 2017 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 589 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 2017 the House Price Index for GREATER MANCHESTER was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £320,000 results in an estimated price of approximately £406,428.
| 30 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £320,000 | £86,428 | £406,428 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | -75.874 % | £-242,796 | £77,203 |
| 3 Month Average | 4.719 % | £15,101 | £335,101 |
| 6 Month Average | 33.151 % | £106,083 | £426,083 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £479,192 | £475,000 | 320 - 322 GREAT CLOWES STREET |
| 27 Oct 2022 | £192,923 | £195,000 | 301E GREAT CLOWES STREET |
| 14 Apr 2022 | £404,711 | £393,000 | 31 HOWE STREET |
| 6 Apr 2022 | £411,920 | £400,000 | 2 SCOVELL STREET |
| 1 Mar 2022 | £430,049 | £415,000 | 25 HOWE STREET |
This house has a floor area of 54 sq meters or 589 sq feet when measured on 4 Dec 2008. Using an estimated price of £406,428 means this house is valued at £7,416 per sq meter (£689 per sq foot).
The average size of a house on GREAT CLOWES STREET is 117 sq meters (1,260 sq feet).