£229,508
This estimated value is based upon the latest sale price for the house of £190,000 on 5 Aug 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 |
|---|---|
| £190,000 | 5 Aug 2020 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 August 2020 the House Price Index for GREATER MANCHESTER was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £190,000 results in an estimated price of approximately £229,508.
| 5 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £190,000 | £39,508 | £229,508 |
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 | -17.745 % | £-33,715 | £156,284 |
| 3 Month Average | 2.061 % | £3,915 | £193,915 |
| 6 Month Average | 30.203 % | £57,384 | £247,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £453,975 | £447,000 | 30 PARK ROAD |
| 14 Dec 2023 | £149,597 | £145,000 | FLAT 10 NORFOLK HOUSE, 34 UPPER PARK ROAD |
| 21 Mar 2023 | £122,038 | £120,000 | 30 CATHERINE ROAD |
| 8 Mar 2023 | £151,429 | £148,900 | APARTMENT 19 THE OAKS, 157 - 159 BURY OLD ROAD |
| 31 Jan 2023 | £671,795 | £670,000 | 164 BURY OLD ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 1 Sep 2018. Using an estimated price of £229,509 means this house is valued at £2,980 per sq meter (£276 per sq foot).
The average size of a house on CATHERINE ROAD is 101 sq meters (1,087 sq feet).