£226,368
This estimated value is based upon the latest sale price for the house of £45,000 on 10 Sep 1997. 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 |
|---|---|
| £45,000 | 10 Sep 1997 |
| £45,250 | 31 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 1997 the House Price Index for GREATER MANCHESTER was 29.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 403.041%.Applying this 403.041% change to the original purchase price of £45,000 results in an estimated price of approximately £226,368.
| 10 Sep 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 149.7 | 403.041 % | £45,000 | £181,368 | £226,368 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 548.089 % | £246,640 | £291,640 |
| 3 Month Average | 505.566 % | £227,504 | £272,504 |
| 6 Month Average | 609.529 % | £274,288 | £319,288 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £389,983 | £378,000 | 27 MABFIELD ROAD |
| 19 Apr 2023 | £256,294 | £251,500 | 48 LANDCROSS ROAD |
| 31 Mar 2023 | £284,755 | £280,000 | 41 CAWDOR ROAD |
| 5 Jul 2022 | £370,967 | £367,250 | 53 MABFIELD ROAD |
| 24 Feb 2022 | £273,622 | £259,000 | 64 LANDCROSS ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 4 Oct 2018. Using an estimated price of £226,369 means this house is valued at £2,309 per sq meter (£214 per sq foot).
The average size of a house on CAWDOR ROAD is 130 sq meters (1,400 sq feet).