£241,984
This estimated value is based upon the latest sale price for the house of £195,200 on 15 Aug 2019. 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 |
---|---|
£195,200 | 15 Aug 2019 |
Semi-Detached |
Freehold |
Floor Area: 91 sq meters or 979 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 2019 the House Price Index for GREATER MANCHESTER was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £195,200 results in an estimated price of approximately £241,984.
15 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £195,200 | £46,784 | £241,984 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 34.798 % | £67,926 | £263,126 |
3 Month Average | 27.958 % | £54,573 | £249,773 |
6 Month Average | 46.844 % | £91,439 | £286,639 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Nov 2023 | £194,949 | £190,000 | 1 SHERLOCK STREET |
18 Aug 2023 | £256,629 | £252,000 | 26 KINGSWOOD ROAD |
31 Mar 2023 | £208,482 | £205,000 | 10 WESTBOURNE ROAD |
23 Jan 2023 | £250,670 | £250,000 | 8 KINGSWOOD ROAD |
25 Mar 2022 | £339,278 | £325,000 | 7 KINGSWOOD ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 24 Oct 2013. Using an estimated price of £241,984 means this house is valued at £2,659 per sq meter (£247 per sq foot).
The average size of a house on KINGSWOOD ROAD is 97 sq meters (1,054 sq feet).