£239,316
This estimated value is based upon the latest sale price for the house of £235,000 on 21 Aug 2023. 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 |
---|---|
£235,000 | 21 Aug 2023 |
£26,460 | 28 Feb 2005 |
Semi-Detached |
Freehold |
Floor Area: 102 sq meters or 1,097 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 August 2023 the House Price Index for GREATER MANCHESTER was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £235,000 results in an estimated price of approximately £239,316.
21 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 149.7 | 1.837 % | £235,000 | £4,316 | £239,316 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | -7.386 % | £-17,356 | £217,643 |
3 Month Average | -5.038 % | £-11,838 | £223,161 |
6 Month Average | 3.871 % | £9,096 | £244,096 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Aug 2023 | £239,316 | £235,000 | 37 STONEACRE ROAD |
31 Mar 2023 | £206,448 | £203,000 | 29 SUMMERFIELD ROAD |
17 Mar 2023 | £218,652 | £215,000 | 59 STONEACRE ROAD |
30 Jan 2023 | £225,603 | £225,000 | 9 COTEFIELD ROAD |
6 Jan 2023 | £233,624 | £233,000 | 38 SUMMERFIELD ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 14 Apr 2014. Using an estimated price of £239,316 means this house is valued at £2,346 per sq meter (£217 per sq foot).
The average size of a house on STONEACRE ROAD is 103 sq meters (1,118 sq feet).