£364,884
This estimated value is based upon the latest sale price for the house of £250,000 on 27 May 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 |
|---|---|
| £250,000 | 27 May 2015 |
| Terraced |
| Freehold |
| Floor Area: 198 sq meters or 2,131 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 May 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £250,000 results in an estimated price of approximately £364,884.
| 27 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £250,000 | £114,884 | £364,884 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | -68.351 % | £-170,878 | £79,121 |
| 3 Month Average | 39.264 % | £98,159 | £348,159 |
| 6 Month Average | 66.803 % | £167,007 | £417,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £274,057 | £270,000 | 354 LOWER BROUGHTON ROAD |
| 3 Aug 2023 | £322,824 | £320,000 | 16 PRIORY AVENUE |
| 3 Aug 2023 | £264,312 | £262,000 | 23 PRIORY AVENUE |
| 21 Jun 2023 | £149,309 | £147,500 | APARTMENT 5 ANIAS MEWS, 24 GRIFFIN STREET |
| 19 Jun 2023 | £202,452 | £200,000 | 16 CLIFF AVENUE |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 12 Aug 2015. Using an estimated price of £364,885 means this house is valued at £1,842 per sq meter (£171 per sq foot).
The average size of a house on LOWER BROUGHTON ROAD is 122 sq meters (1,320 sq feet).