£254,245
This estimated value is based upon the latest sale price for the house of £250,000 on 27 Mar 2023. 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 Mar 2023 |
| £250,000 | 16 Mar 2006 |
| £114,950 | 17 Oct 2000 |
| £79,000 | 29 Jan 1999 |
| Detached |
| Freehold |
| Floor Area: 145 sq meters or 1,560 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 March 2023 the House Price Index for GREATER MANCHESTER was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £250,000 results in an estimated price of approximately £254,245.
| 27 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £250,000 | £4,245 | £254,245 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | 68.888 % | £172,219 | £422,219 |
| 3 Month Average | 7.734 % | £19,334 | £269,334 |
| 6 Month Average | 7.036 % | £17,589 | £267,589 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Jul 2024 | £325,000 | £325,000 | 21 HOLLINEY ROAD |
| 24 May 2024 | £320,000 | £320,000 | 42 HOLLINEY ROAD |
| 20 May 2024 | £410,000 | £410,000 | 44 LOMOND ROAD |
| 16 Nov 2023 | £227,782 | £222,000 | 54 BLEAK HEY ROAD |
| 27 Oct 2023 | £296,740 | £290,000 | 3 MASSEY WALK |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 23 Mar 2020. Using an estimated price of £254,246 means this house is valued at £1,753 per sq meter (£162 per sq foot).
The average size of a house on LOMOND ROAD is 142 sq meters (1,535 sq feet).