£230,558
This estimated value is based upon the latest sale price for the house of £84,950 on 6 Sep 2002. 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 |
---|---|
£84,950 | 6 Sep 2002 |
£54,500 | 16 Feb 1998 |
Terraced |
Freehold |
Floor Area: 50 sq meters or 538 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 September 2002 the House Price Index for GREATER MANCHESTER was 55.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 171.405%.Applying this 171.405% change to the original purchase price of £84,950 results in an estimated price of approximately £230,558.
6 Sep 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
55.2 | 149.7 | 171.405 % | £84,950 | £145,608 | £230,558 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 223.880 % | £190,186 | £275,136 |
3 Month Average | 176.146 % | £149,635 | £234,585 |
6 Month Average | 173.348 % | £147,259 | £232,209 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Sep 2023 | £423,332 | £414,000 | 55 HOPE ROAD |
14 Jul 2022 | £333,340 | £330,000 | 1 ERA STREET |
30 May 2022 | £490,273 | £477,500 | 33 HOPE ROAD |
10 Dec 2021 | £341,061 | £316,000 | 28 BAXTER ROAD |
29 Oct 2021 | £317,681 | £285,000 | 9 ERA STREET |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 9 Jun 2015. Using an estimated price of £230,558 means this house is valued at £4,611 per sq meter (£428 per sq foot).
The average size of a house on SEYMOUR GROVE is 57 sq meters (619 sq feet).