£100,923
This estimated value is based upon the latest sale price for the house of £73,000 on 15 Jan 2016. 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 |
---|---|
£73,000 | 15 Jan 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 34 sq meters or 365 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 January 2016 the House Price Index for GREATER MANCHESTER was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £73,000 results in an estimated price of approximately £100,923.
15 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £73,000 | £27,923 | £100,923 |
The Postcode Pricing Model uses changes in average sales price within the M16 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 | 146.426 % | £106,891 | £179,891 |
3 Month Average | 53.344 % | £38,941 | £111,941 |
6 Month Average | 52.203 % | £38,108 | £111,108 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Oct 2023 | £486,039 | £475,000 | 1 WHITETHORN AVENUE |
28 Sep 2023 | £173,832 | £170,000 | 18 LINGFIELD APARTMENTS, 70 WHALLEY ROAD |
23 Jun 2023 | £280,624 | £275,000 | 9 RAILTON AVENUE |
12 Jun 2023 | £280,624 | £275,000 | 95 UPPER CHORLTON ROAD |
11 Mar 2022 | £99,174 | £95,000 | FLAT 3 64 WHALLEY ROAD |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 17 Sep 2015. Using an estimated price of £100,923 means this house is valued at £2,968 per sq meter (£275 per sq foot).
The average size of a house on WHALLEY ROAD is 73 sq meters (793 sq feet).