£105,899
This estimated value is based upon the latest sale price for the house of £18,500 on 15 Dec 1995. 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 |
|---|---|
| £18,500 | 15 Dec 1995 |
| Semi-Detached |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 December 1995 the House Price Index for GREATER MANCHESTER was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 472.429%.Applying this 472.429% change to the original purchase price of £18,500 results in an estimated price of approximately £105,899.
| 15 Dec 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 149.7 | 472.429 % | £18,500 | £87,399 | £105,899 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 533.404 % | £98,679 | £117,179 |
| 3 Month Average | 592.133 % | £109,544 | £128,044 |
| 6 Month Average | 545.228 % | £100,867 | £119,367 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Feb 2023 | £256,715 | £255,000 | 126 HILL LANE |
| 13 Oct 2022 | £199,334 | £200,000 | 2 WESTLAND DRIVE |
| 27 Jun 2022 | £243,199 | £238,000 | 7 LAUREL BANK GARDENS |
| 27 Jun 2022 | £243,199 | £238,000 | 11 LAUREL BANK GARDENS |
| 7 Mar 2022 | £215,050 | £206,000 | 15 STONEMEAD DRIVE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 22 Apr 2014. Using an estimated price of £105,899 means this house is valued at £1,450 per sq meter (£134 per sq foot).
The average size of a house on LAUREL BANK GARDENS is 82 sq meters (893 sq feet).