£119,302
This estimated value is based upon the latest sale price for the house of £50,000 on 13 May 2003. 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 |
|---|---|
| £50,000 | 13 May 2003 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2003 the House Price Index for GREATER MANCHESTER was 62.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 138.605%.Applying this 138.605% change to the original purchase price of £50,000 results in an estimated price of approximately £119,302.
| 13 May 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 62.7 | 149.7 | 138.605 % | £50,000 | £69,302 | £119,302 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 165.666 % | £82,832 | £132,832 |
| 3 Month Average | 275.696 % | £137,848 | £187,848 |
| 6 Month Average | 298.579 % | £149,289 | £199,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £171,489 | £170,000 | 7 ABBOTSFIELD COURT |
| 15 Dec 2023 | £216,657 | £210,000 | 1 ABBOTSFIELD COURT |
| 8 Jun 2023 | £193,885 | £190,000 | 3 ABBOTSFIELD COURT |
| 26 Jan 2023 | £122,327 | £122,000 | 17 SHIRLEY ROAD |
| 23 Nov 2022 | £134,372 | £135,000 | 30 DEANERY COURT |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 25 Jun 2014. Using an estimated price of £119,303 means this house is valued at £1,387 per sq meter (£128 per sq foot).
The average size of a house on SHIRLEY ROAD is 117 sq meters (1,261 sq feet).