£191,044
This estimated value is based upon the latest sale price for the house of £155,000 on 28 Feb 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 |
|---|---|
| £155,000 | 28 Feb 2020 |
| £120,000 | 19 Nov 2018 |
| £76,000 | 19 Apr 2007 |
| 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 February 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £155,000 results in an estimated price of approximately £191,044.
| 28 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.255 % | £155,000 | £36,044 | £191,044 |
The Postcode Pricing Model uses changes in average sales price within the M6 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 | 51.219 % | £79,390 | £234,390 |
| 3 Month Average | 34.977 % | £54,213 | £209,213 |
| 6 Month Average | 38.687 % | £59,965 | £214,965 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £184,688 | £180,000 | 13 MILNTHORPE STREET |
| 17 Nov 2023 | £133,386 | £130,000 | 9 MILNTHORPE STREET |
| 23 Jun 2023 | £145,414 | £142,500 | 54 ROMNEY STREET |
| 28 Mar 2023 | £116,953 | £115,000 | 60 ROMNEY STREET |
| 12 Jan 2023 | £155,415 | £155,000 | 68 ROMNEY STREET |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 29 Jul 2020. Using an estimated price of £191,045 means this house is valued at £2,388 per sq meter (£221 per sq foot).
The average size of a house on GERALD ROAD is 82 sq meters (890 sq feet).