£253,586
This estimated value is based upon the latest sale price for the house of £44,300 on 7 Dec 1995. 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 |
|---|---|
| £44,300 | 7 Dec 1995 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 December 1995 the House Price Index for GREATER MANCHESTER was 26.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 472.429%.Applying this 472.429% change to the original purchase price of £44,300 results in an estimated price of approximately £253,586.
| 7 Dec 1995 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.2 | 149.7 | 472.429 % | £44,300 | £209,286 | £253,586 |
The Postcode Pricing Model uses changes in average sales price within the SK8 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 | 419.159 % | £185,687 | £229,987 |
| 3 Month Average | 375.234 % | £166,228 | £210,528 |
| 6 Month Average | 417.165 % | £184,803 | £229,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £285,000 | £285,000 | 22 CRESCENT ROAD |
| 13 Mar 2024 | £120,857 | £119,000 | FLAT 15 LARCHWOOD, 6 THE CRESCENT |
| 8 Dec 2023 | £288,877 | £280,000 | 24 ERNEST STREET |
| 22 Sep 2023 | £396,235 | £387,500 | 12 HALL STREET |
| 11 Sep 2023 | £280,176 | £274,000 | 33 ERNEST STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 15 Mar 2016. Using an estimated price of £253,586 means this house is valued at £3,962 per sq meter (£368 per sq foot).
The average size of a house on ERNEST STREET is 81 sq meters (878 sq feet).