£98,259
This estimated value is based upon the latest sale price for the house of £57,700 on 14 Sep 2012. 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 |
---|---|
£57,700 | 14 Sep 2012 |
£35,750 | 22 Jan 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 September 2012 the House Price Index for GREATER MANCHESTER was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £57,700 results in an estimated price of approximately £98,259.
14 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.294 % | £57,700 | £40,559 | £98,259 |
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 | 114.942 % | £66,321 | £124,021 |
3 Month Average | 66.912 % | £38,608 | £96,308 |
6 Month Average | 83.627 % | £48,252 | £105,952 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Sep 2023 | £98,763 | £97,500 | FLAT 6 649 ROCHDALE ROAD |
27 Jul 2023 | £60,819 | £60,000 | FLAT 6 647 ROCHDALE ROAD |
16 Jun 2023 | £129,063 | £127,500 | 34 PARK VIEW |
18 Jan 2023 | £124,414 | £125,000 | 42 PARK VIEW |
31 Oct 2022 | £89,041 | £90,000 | 391E QUEENS ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 12 Jun 2012. Using an estimated price of £98,259 means this house is valued at £1,853 per sq meter (£172 per sq foot).
The average size of a house on ROCHDALE ROAD is 95 sq meters (1,027 sq feet).