£248,707
This estimated value is based upon the latest sale price for the house of £144,950 on 15 Sep 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 |
---|---|
£144,950 | 15 Sep 2006 |
Semi-Detached |
Freehold |
Floor Area: 125 sq meters or 1,345 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 September 2006 the House Price Index for GREATER MANCHESTER was 87.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.582%.Applying this 71.582% change to the original purchase price of £144,950 results in an estimated price of approximately £248,707.
15 Sep 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.2 | 149.7 | 71.582 % | £144,950 | £103,757 | £248,707 |
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 | 70.634 % | £102,384 | £247,334 |
3 Month Average | 77.227 % | £111,941 | £256,891 |
6 Month Average | 103.978 % | £150,716 | £295,666 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jul 2024 | £275,000 | £275,000 | 48 KINGSWOOD ROAD |
6 Nov 2023 | £194,949 | £190,000 | 1 SHERLOCK STREET |
18 Aug 2023 | £256,629 | £252,000 | 26 KINGSWOOD ROAD |
1 Aug 2023 | £203,673 | £200,000 | 12 HAWES AVENUE |
23 Jan 2023 | £250,670 | £250,000 | 8 KINGSWOOD ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 26 Sep 2014. Using an estimated price of £248,708 means this house is valued at £1,989 per sq meter (£184 per sq foot).
The average size of a house on KINGSWOOD ROAD is 97 sq meters (1,054 sq feet).