£194,516
This estimated value is based upon the latest sale price for the house of £187,500 on 20 Apr 2022. 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 |
---|---|
£187,500 | 20 Apr 2022 |
£103,000 | 26 Jan 2007 |
£25,000 | 19 Feb 2002 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 April 2022 the House Price Index for GREATER MANCHESTER was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £187,500 results in an estimated price of approximately £194,516.
20 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £187,500 | £7,016 | £194,516 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 4.863 % | £9,117 | £196,617 |
3 Month Average | 16.792 % | £31,484 | £218,984 |
6 Month Average | 22.541 % | £42,264 | £229,764 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Jun 2023 | £234,703 | £230,000 | 27 ELMSWOOD AVENUE |
24 Mar 2023 | £193,227 | £190,000 | 22 REGENT AVENUE |
10 Feb 2023 | £168,626 | £167,500 | 15 PARKSIDE ROAD |
20 Apr 2022 | £194,517 | £187,500 | 6 ELMSWOOD AVENUE |
31 Jan 2022 | £286,201 | £269,950 | 36 YEW TREE AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 23 Jan 2018. Using an estimated price of £194,517 means this house is valued at £2,778 per sq meter (£258 per sq foot).
The average size of a house on ELMSWOOD AVENUE is 78 sq meters (847 sq feet).