£149,638
This estimated value is based upon the latest sale price for the house of £121,000 on 30 Apr 2019. 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 |
|---|---|
| £121,000 | 30 Apr 2019 |
| £75,000 | 16 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 April 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £121,000 results in an estimated price of approximately £149,638.
| 30 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £121,000 | £28,638 | £149,638 |
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 | 71.608 % | £86,646 | £207,646 |
| 3 Month Average | 52.219 % | £63,184 | £184,184 |
| 6 Month Average | 76.622 % | £92,712 | £213,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £223,306 | £220,000 | 157 SMEDLEY ROAD |
| 24 Jan 2023 | £142,330 | £143,000 | 60 CHIME BANK |
| 24 Oct 2022 | £250,305 | £253,000 | 15 ECKFORD STREET |
| 21 Oct 2022 | £38,585 | £39,000 | 26 CHIME BANK |
| 24 Mar 2022 | £131,087 | £126,500 | 20 ROWOOD AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 11 Mar 2019. Using an estimated price of £149,638 means this house is valued at £1,626 per sq meter (£151 per sq foot).
The average size of a house on SMEDLEY AVENUE is 108 sq meters (1,162 sq feet).
This house is the largest in the street with a floor area of 92 sq meters (990 sq feet).