£111,886
This estimated value is based upon the latest sale price for the house of £62,500 on 22 Feb 2006. 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 |
|---|---|
| £62,500 | 22 Feb 2006 |
| £70,000 | 21 Nov 2003 |
| £45,950 | 26 Sep 2001 |
| £12,750 | 26 May 2000 |
| £13,000 | 19 Nov 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 February 2006 the House Price Index for GREATER MANCHESTER was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £62,500 results in an estimated price of approximately £111,886.
| 22 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £62,500 | £49,386 | £111,886 |
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 | 89.045 % | £55,652 | £118,152 |
| 3 Month Average | 122.320 % | £76,449 | £138,949 |
| 6 Month Average | 124.718 % | £77,948 | £140,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £203,121 | £200,000 | 31 MELLING STREET |
| 8 Sep 2023 | £195,305 | £191,000 | 33 FARRANT ROAD |
| 8 Nov 2021 | £114,400 | £105,000 | 5 MELLING STREET |
| 8 Mar 2021 | £198,479 | £177,000 | 37 MELLING STREET |
| 17 Jul 2020 | £81,616 | £67,000 | 23 BLAKEY STREET |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 17 Jul 2015. Using an estimated price of £111,886 means this house is valued at £1,190 per sq meter (£110 per sq foot).
The average size of a house on MELLING STREET is 74 sq meters (802 sq feet).