£161,873
This estimated value is based upon the latest sale price for the house of £135,000 on 14 Aug 2020. 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 |
|---|---|
| £135,000 | 14 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 August 2020 the House Price Index for GREATER MANCHESTER was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £135,000 results in an estimated price of approximately £161,873.
| 14 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £135,000 | £26,873 | £161,873 |
The Postcode Pricing Model uses changes in average sales price within the M11 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 | -26.024 % | £-35,132 | £99,867 |
| 3 Month Average | 38.817 % | £52,402 | £187,402 |
| 6 Month Average | 87.604 % | £118,265 | £253,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £184,357 | £182,000 | 155 RYLANCE STREET |
| 17 Jul 2023 | £174,347 | £172,000 | 6 HAVANA CLOSE |
| 20 Feb 2023 | £309,792 | £310,000 | 11 ORME CLOSE |
| 21 Jan 2023 | £301,878 | £303,300 | 19 BURCOT ROAD |
| 12 May 2022 | £198,745 | £195,000 | 58 HAVANA CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 17 Jul 2018. Using an estimated price of £161,874 means this house is valued at £1,998 per sq meter (£185 per sq foot).