£144,877
This estimated value is based upon the latest sale price for the house of £92,500 on 8 Oct 2007. 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 |
|---|---|
| £92,500 | 8 Oct 2007 |
| £79,950 | 29 Jun 2004 |
| £44,950 | 16 Jun 2003 |
| Terraced |
| Freehold |
| 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 October 2007 the House Price Index for GREATER MANCHESTER was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £92,500 results in an estimated price of approximately £144,877.
| 8 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 149.7 | 56.624 % | £92,500 | £52,377 | £144,877 |
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 | 63.373 % | £58,619 | £151,119 |
| 3 Month Average | 74.956 % | £69,334 | £161,834 |
| 6 Month Average | 62.635 % | £57,937 | £150,437 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2024 | £168,000 | £168,000 | 25 MELVERLEY ROAD |
| 10 Jun 2024 | £155,000 | £155,000 | 3 BRYNFORD AVENUE |
| 13 Oct 2023 | £163,718 | £160,000 | 7 CUDWORTH ROAD |
| 6 Oct 2023 | £256,833 | £251,000 | 431 VICTORIA AVENUE |
| 18 Sep 2023 | £255,635 | £250,000 | 512 VICTORIA AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 7 Nov 2017. Using an estimated price of £144,877 means this house is valued at £1,984 per sq meter (£184 per sq foot).
The average size of a house on MELVERLEY ROAD is 64 sq meters (692 sq feet).