£192,992
This estimated value is based upon the latest sale price for the house of £132,901 on 2 Jun 2015. 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 |
---|---|
£132,901 | 2 Jun 2015 |
Terraced |
Leasehold |
Floor Area: 109 sq meters or 1,173 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 2015 the House Price Index for GREATER MANCHESTER was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £132,901 results in an estimated price of approximately £192,992.
2 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 148.6 | 45.215 % | £132,901 | £60,091 | £192,992 |
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 | 99.549 % | £132,301 | £265,202 |
3 Month Average | 66.257 % | £88,056 | £220,957 |
6 Month Average | 63.617 % | £84,547 | £217,448 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Mar 2023 | £151,427 | £150,000 | 6 WEST CRAVEN STREET |
18 Feb 2022 | £146,817 | £140,000 | 2 WEST CRAVEN STREET |
21 Dec 2021 | £235,703 | £220,000 | 4 COLLINGBURN AVENUE |
12 Nov 2021 | £210,895 | £195,000 | 22 GREENWOOD TERRACE |
29 Jul 2021 | £258,585 | £225,000 | 28 GREENWOOD TERRACE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 2 Aug 2021. Using an estimated price of £192,992 means this house is valued at £1,770 per sq meter (£164 per sq foot).
The average size of a house on WEST CRAVEN STREET is 81 sq meters (877 sq feet).