£78,731
This estimated value is based upon the latest sale price for the house of £22,500 on 30 Mar 2001. 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 |
---|---|
£22,500 | 30 Mar 2001 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 2001 the House Price Index for GREATER MANCHESTER was 42.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 249.920%.Applying this 249.920% change to the original purchase price of £22,500 results in an estimated price of approximately £78,731.
30 Mar 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.5 | 148.6 | 249.920 % | £22,500 | £56,231 | £78,731 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | 615.792 % | £138,553 | £161,053 |
3 Month Average | 740.115 % | £166,525 | £189,025 |
6 Month Average | 778.074 % | £175,066 | £197,566 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Sep 2023 | £284,639 | £281,000 | 19 PATTISHALL CLOSE |
4 Jul 2023 | £212,865 | £210,000 | 298 VIADUCT STREET |
16 Jun 2023 | £248,004 | £245,000 | 9 OLYMPIC STREET |
17 Mar 2023 | £267,520 | £265,000 | 16 BLISWORTH CLOSE |
14 Oct 2022 | £257,230 | £260,000 | 23 PATTISHALL CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 8 Jun 2016. Using an estimated price of £78,732 means this house is valued at £884 per sq meter (£82 per sq foot).
There is one other house on the street which we know the size of, this is 21 ADEN CLOSE it is 79.0