£183,205
This estimated value is based upon the latest sale price for the house of £150,000 on 28 Oct 2019. 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 |
|---|---|
| £150,000 | 28 Oct 2019 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £150,000 results in an estimated price of approximately £183,205.
| 28 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £150,000 | £33,205 | £183,205 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | -2.928 % | £-4,392 | £145,607 |
| 3 Month Average | 12.833 % | £19,249 | £169,249 |
| 6 Month Average | 30.156 % | £45,234 | £195,234 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2023 | £212,005 | £210,000 | 298 VIADUCT STREET |
| 16 Jun 2023 | £247,003 | £245,000 | 9 OLYMPIC STREET |
| 17 Mar 2023 | £266,440 | £265,000 | 16 BLISWORTH CLOSE |
| 14 Oct 2022 | £256,192 | £260,000 | 23 PATTISHALL CLOSE |
| 11 Oct 2022 | £238,455 | £242,000 | 42 TUTBURY STREET |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 6 Sep 2019. Using an estimated price of £183,206 means this house is valued at £2,058 per sq meter (£191 per sq foot).