£130,329
This estimated value is based upon the latest sale price for the house of £83,000 on 28 Jan 2008. 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 |
|---|---|
| £83,000 | 28 Jan 2008 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2008 the House Price Index for GREATER MANCHESTER was 95.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.023%.Applying this 57.023% change to the original purchase price of £83,000 results in an estimated price of approximately £130,329.
| 28 Jan 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.3 | 149.7 | 57.023 % | £83,000 | £47,329 | £130,329 |
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 | 63.880 % | £53,020 | £136,020 |
| 3 Month Average | 87.112 % | £72,302 | £155,302 |
| 6 Month Average | 66.975 % | £55,589 | £138,589 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Sep 2021 | £141,124 | £130,000 | 57 WILSON ROAD |
| 1 Sep 2021 | £100,958 | £93,000 | 44 WILSON ROAD |
| 20 Aug 2021 | £185,439 | £165,000 | 65 SIDNEY ROAD |
| 12 Nov 2020 | £169,351 | £145,000 | 56 SIDNEY ROAD |
| 5 Jun 2020 | £103,698 | £85,000 | 36 WILSON ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 1 Aug 2014. Using an estimated price of £130,329 means this house is valued at £1,629 per sq meter (£151 per sq foot).
The average size of a house on SIDNEY ROAD is 76 sq meters (824 sq feet).