£102,520
This estimated value is based upon the latest sale price for the house of £85,000 on 5 Jun 2020. 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 |
---|---|
£85,000 | 5 Jun 2020 |
£53,000 | 13 Dec 2013 |
£34,000 | 28 Nov 2003 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 June 2020 the House Price Index for GREATER MANCHESTER was 122.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.613%.Applying this 20.613% change to the original purchase price of £85,000 results in an estimated price of approximately £102,520.
5 Jun 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 148.0 | 20.613 % | £85,000 | £17,520 | £102,520 |
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 | 72.379 % | £61,522 | £146,522 |
3 Month Average | 14.438 % | £12,272 | £97,272 |
6 Month Average | 14.687 % | £12,483 | £97,483 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Aug 2022 | £167,866 | £169,000 | 32 RUSSET ROAD |
1 Mar 2022 | £177,517 | £172,000 | 4 RUSSET ROAD |
6 Aug 2021 | £43,333 | £39,000 | 6 RUSSET ROAD |
18 Sep 2020 | £114,711 | £97,000 | 55 RUSSET ROAD |
31 Jul 2020 | £124,045 | £103,000 | 29 RUSSET ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 8 Dec 2021. Using an estimated price of £102,521 means this house is valued at £1,485 per sq meter (£138 per sq foot).
The average size of a house on WILSON ROAD is 77 sq meters (836 sq feet).