£304,413
This estimated value is based upon the latest sale price for the house of £245,000 on 5 Jul 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 |
---|---|
£245,000 | 5 Jul 2019 |
£93,000 | 14 Jan 2015 |
Terraced |
Freehold |
Floor Area: 117 sq meters or 1,259 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 July 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £245,000 results in an estimated price of approximately £304,413.
5 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £245,000 | £59,413 | £304,413 |
The Postcode Pricing Model uses changes in average sales price within the M5 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 | -11.725 % | £-28,726 | £216,273 |
3 Month Average | -2.017 % | £-4,942 | £240,057 |
6 Month Average | 21.223 % | £51,997 | £296,997 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Apr 2024 | £252,190 | £250,000 | 6 PARK BANK |
19 Mar 2024 | £523,036 | £515,000 | 6 TOOTAL ROAD |
1 Mar 2024 | £312,501 | £307,700 | 4 PARK BANK |
21 Dec 2023 | £510,693 | £495,000 | 57 WEASTE ROAD |
19 Dec 2023 | £116,582 | £113,000 | FLAT 19 HYNDMAN COURT SHEADER DRIVE |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 31 Aug 2019. Using an estimated price of £304,414 means this house is valued at £2,601 per sq meter (£241 per sq foot).
The average size of a house on WEASTE ROAD is 89 sq meters (964 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Gus Risman Street |