£61,743
This estimated value is based upon the latest sale price for the house of £50,000 on 14 Sep 2018. 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 |
---|---|
£50,000 | 14 Sep 2018 |
£12,500 | 3 Dec 2004 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,054 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 2018 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £50,000 results in an estimated price of approximately £61,743.
14 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.487 % | £50,000 | £11,743 | £61,743 |
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 | 37.750 % | £18,874 | £68,874 |
3 Month Average | 21.035 % | £10,517 | £60,517 |
6 Month Average | 31.791 % | £15,895 | £65,895 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2023 | £171,500 | £170,000 | 20 MANSFIELD ROAD |
9 Aug 2023 | £162,421 | £161,000 | 1319 ROCHDALE ROAD |
28 Apr 2023 | £127,371 | £126,000 | 36 WALKER ROAD |
19 Jan 2023 | £165,222 | £166,000 | 190 HILL LANE |
7 Oct 2022 | £227,550 | £230,000 | 11 COLDSTREAM AVENUE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 25 Jul 2018. Using an estimated price of £61,743 means this house is valued at £630 per sq meter (£58 per sq foot).
The average size of a house on MANSFIELD ROAD is 111 sq meters (1,196 sq feet).