£182,019
This estimated value is based upon the latest sale price for the house of £40,000 on 24 Feb 1999. 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 |
|---|---|
| £40,000 | 24 Feb 1999 |
| Semi-Detached |
| 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 February 1999 the House Price Index for GREATER MANCHESTER was 32.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 355.049%.Applying this 355.049% change to the original purchase price of £40,000 results in an estimated price of approximately £182,019.
| 24 Feb 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.9 | 149.7 | 355.049 % | £40,000 | £142,019 | £182,019 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 553.862 % | £221,544 | £261,544 |
| 3 Month Average | 527.306 % | £210,922 | £250,922 |
| 6 Month Average | 473.661 % | £189,464 | £229,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £171,489 | £170,000 | 16 WELDON DRIVE |
| 8 Dec 2023 | £172,294 | £167,000 | 14 ALWORTH ROAD |
| 4 Aug 2023 | £176,687 | £173,500 | 49 COOPER LANE |
| 3 Feb 2023 | £171,143 | £170,000 | 23 COOPER LANE |
| 27 Jan 2023 | £170,455 | £170,000 | 49 HEATHBANK ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 30 Apr 2014. Using an estimated price of £182,020 means this house is valued at £2,247 per sq meter (£208 per sq foot).