£338,627
This estimated value is based upon the latest sale price for the house of £220,000 on 23 Jul 2014. 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 |
|---|---|
| £220,000 | 23 Jul 2014 |
| Terraced |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 July 2014 the House Price Index for GREATER MANCHESTER was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £220,000 results in an estimated price of approximately £338,627.
| 23 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £220,000 | £118,627 | £338,627 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 100.283 % | £220,623 | £440,623 |
| 3 Month Average | 76.496 % | £168,291 | £388,291 |
| 6 Month Average | 79.790 % | £175,538 | £395,538 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £353,066 | £350,000 | 23 SOUTHERN ROAD |
| 16 Oct 2023 | £347,083 | £339,200 | 19 STAMFORD STREET |
| 7 Sep 2023 | £536,834 | £525,000 | 15 SOUTHERN ROAD |
| 1 Aug 2023 | £320,786 | £315,000 | 15 STAMFORD STREET |
| 1 Mar 2023 | £406,793 | £400,000 | 2A MILTON GROVE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 16 Jul 2020. Using an estimated price of £338,627 means this house is valued at £2,645 per sq meter (£245 per sq foot).
The average size of a house on SOUTHERN ROAD is 115 sq meters (1,247 sq feet).