£238,961
This estimated value is based upon the latest sale price for the house of £70,000 on 25 May 2001. 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 |
---|---|
£70,000 | 25 May 2001 |
Terraced |
Freehold |
Floor Area: 58 sq meters or 624 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 May 2001 the House Price Index for GREATER MANCHESTER was 43.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 241.373%.Applying this 241.373% change to the original purchase price of £70,000 results in an estimated price of approximately £238,961.
25 May 2001 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.4 | 148.0 | 241.373 % | £70,000 | £168,961 | £238,961 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 230.361 % | £161,252 | £231,252 |
3 Month Average | 230.385 % | £161,269 | £231,269 |
6 Month Average | 254.478 % | £178,134 | £248,134 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £308,966 | £305,000 | 4 ALBION STREET |
30 Jun 2023 | £236,921 | £235,000 | APARTMENT 2 PROVINCIAL HOUSE, 1A DARLEY STREET |
3 Apr 2023 | £421,130 | £418,000 | 1 DARLEY STREET |
22 Apr 2022 | £274,359 | £267,500 | 79 ROEBUCK LANE |
2 Mar 2022 | £426,248 | £413,000 | 2 ROEBUCK MEWS |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 14 Oct 2019. Using an estimated price of £238,961 means this house is valued at £4,120 per sq meter (£382 per sq foot).
The average size of a house on ALBION STREET is 71 sq meters (770 sq feet).