£19,406
This estimated value is based upon the latest sale price for the house of £4,750 on 9 Nov 1999. 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 |
---|---|
£4,750 | 9 Nov 1999 |
£24,500 | 23 Dec 1997 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 November 1999 the House Price Index for GREATER MANCHESTER was 36.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 308.564%.Applying this 308.564% change to the original purchase price of £4,750 results in an estimated price of approximately £19,406.
9 Nov 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
36.4 | 148.6 | 308.564 % | £4,750 | £14,656 | £19,406 |
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 | 748.054 % | £35,532 | £40,282 |
3 Month Average | 624.807 % | £29,678 | £34,428 |
6 Month Average | 559.128 % | £26,558 | £31,308 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £207,655 | £205,000 | 25 CUMBRAE GARDENS |
31 Jul 2023 | £772,396 | £762,000 | 3 MISSOURI AVENUE |
3 Mar 2023 | £196,855 | £195,000 | 27 CEMETERY ROAD |
31 Oct 2022 | £1,248,671 | £1,262,116 | 26 MISSOURI AVENUE |
13 Jul 2022 | £180,987 | £180,500 | 2 KERRERA DRIVE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 25 Jan 2016. Using an estimated price of £19,407 means this house is valued at £194 per sq meter (£18 per sq foot).
There is one other house on the street which we know the size of, this is 18 KIRKHAM STREET it is 101.664