£180,695
This estimated value is based upon the latest sale price for the house of £146,250 on 8 Nov 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 |
|---|---|
| £146,250 | 8 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 775 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 November 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £146,250 results in an estimated price of approximately £180,695.
| 8 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £146,250 | £34,445 | £180,695 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | 14.508 % | £21,218 | £167,468 |
| 3 Month Average | 33.110 % | £48,423 | £194,673 |
| 6 Month Average | 34.172 % | £49,976 | £196,226 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2022 | £149,900 | £150,000 | FLAT 2 11 WOODEND ROAD |
| 14 Feb 2022 | £190,162 | £180,000 | 27 WALNEY ROAD |
| 8 Nov 2021 | £187,397 | £172,000 | 88 NORTHCOTE AVENUE |
| 28 Oct 2021 | £175,003 | £157,000 | 54 CARRICK GARDENS |
| 22 Dec 2020 | £358,484 | £310,051 | 37 NORTHCOTE AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 8 Aug 2019. Using an estimated price of £180,695 means this house is valued at £2,509 per sq meter (£233 per sq foot).