£140,769
This estimated value is based upon the latest sale price for the house of £120,000 on 28 Oct 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 |
|---|---|
| £120,000 | 28 Oct 2020 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 October 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £120,000 results in an estimated price of approximately £140,769.
| 28 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £120,000 | £20,769 | £140,769 |
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 | -57.394 % | £-68,872 | £51,127 |
| 3 Month Average | 10.653 % | £12,783 | £132,783 |
| 6 Month Average | 22.104 % | £26,524 | £146,524 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £100,000 | £100,000 | 37 BIRKDALE STREET |
| 7 Feb 2022 | £78,652 | £75,000 | 52 DARESBURY STREET |
| 28 Oct 2020 | £140,770 | £120,000 | 57 GREENHILL ROAD |
| 28 Aug 2019 | £163,665 | £133,000 | 48A WOODLANDS ROAD |
| 18 Jun 2019 | £113,665 | £92,000 | 40 BIRKDALE STREET |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 20 Jul 2020. Using an estimated price of £140,770 means this house is valued at £1,291 per sq meter (£119 per sq foot).
The average size of a house on GREENHILL ROAD is 118 sq meters (1,279 sq feet).