£367,273
This estimated value is based upon the latest sale price for the house of £235,000 on 28 Nov 2007. 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 |
---|---|
£235,000 | 28 Nov 2007 |
£184,000 | 14 Oct 2003 |
Detached |
Leasehold |
Floor Area: 183 sq meters or 1,969 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 November 2007 the House Price Index for GREATER MANCHESTER was 95.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.287%.Applying this 56.287% change to the original purchase price of £235,000 results in an estimated price of approximately £367,273.
28 Nov 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.8 | 149.7 | 56.287 % | £235,000 | £132,273 | £367,273 |
The Postcode Pricing Model uses changes in average sales price within the M6 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 | 81.598 % | £191,754 | £426,754 |
3 Month Average | 78.651 % | £184,828 | £419,828 |
6 Month Average | 92.970 % | £218,479 | £453,479 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2024 | £200,000 | £200,000 | 25 SUMNER ROAD |
30 Jun 2023 | £285,726 | £280,000 | 48 ACRESFIELD ROAD |
23 Jun 2023 | £433,691 | £425,000 | 69 ACRESFIELD ROAD |
21 Jan 2022 | £323,360 | £305,000 | 16 ALRESFORD ROAD |
24 Nov 2021 | £272,380 | £250,000 | 37 ACRESFIELD ROAD |
This house has a floor area of 183 sq meters or 1,969 sq feet when measured on 22 Apr 2014. Using an estimated price of £367,274 means this house is valued at £2,006 per sq meter (£186 per sq foot).
The average size of a house on MOORFIELD ROAD is 128 sq meters (1,383 sq feet).