£214,056
This estimated value is based upon the latest sale price for the house of £175,000 on 7 May 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 |
---|---|
£175,000 | 7 May 2020 |
Terraced |
Freehold |
Floor Area: 108 sq meters or 1,162 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 May 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £175,000 results in an estimated price of approximately £214,056.
7 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.318 % | £175,000 | £39,056 | £214,056 |
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 | -74.991 % | £-131,234 | £43,765 |
3 Month Average | 34.965 % | £61,188 | £236,188 |
6 Month Average | 32.735 % | £57,286 | £232,286 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £234,091 | £229,995 | 82 CLEVELAND ROAD |
4 Aug 2023 | £191,677 | £190,000 | 92 CLEVELAND ROAD |
24 Oct 2022 | £149,391 | £151,000 | 106 PARKHILL AVENUE |
25 Mar 2022 | £160,621 | £155,000 | 89 PARKHILL AVENUE |
10 Aug 2021 | £172,920 | £155,000 | 151 DELAUNAYS ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 22 Jun 2019. Using an estimated price of £214,057 means this house is valued at £1,982 per sq meter (£184 per sq foot).
The average size of a house on CLEVELAND ROAD is 126 sq meters (1,360 sq feet).