£197,094
This estimated value is based upon the latest sale price for the house of £68,950 on 28 Jun 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 |
|---|---|
| £68,950 | 28 Jun 2002 |
| Terraced |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 2002 the House Price Index for GREATER MANCHESTER was 52.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 185.852%.Applying this 185.852% change to the original purchase price of £68,950 results in an estimated price of approximately £197,094.
| 28 Jun 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 148.6 | 185.852 % | £68,950 | £128,144 | £197,094 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 361.425 % | £249,202 | £318,152 |
| 3 Month Average | 356.968 % | £246,129 | £315,079 |
| 6 Month Average | 398.918 % | £275,054 | £344,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £194,993 | £192,500 | 33 MAPLEDON ROAD |
| 28 Jul 2023 | £142,924 | £141,000 | 48 MAPLEDON ROAD |
| 9 Jun 2023 | £73,389 | £72,500 | 46 MAPLEDON ROAD |
| 8 Jun 2023 | £84,018 | £83,000 | 4 MINSTER ROAD |
| 24 Jan 2023 | £139,344 | £140,000 | 24 MINSTER ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 20 Jul 2014. Using an estimated price of £197,095 means this house is valued at £2,346 per sq meter (£217 per sq foot).
The average size of a house on WATERMANS CLOSE is 95 sq meters (1,023 sq feet).
This house is the largest in the street with a floor area of 84 sq meters (904 sq feet).