£250,141
This estimated value is based upon the latest sale price for the house of £150,000 on 15 Dec 2006. 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 |
---|---|
£150,000 | 15 Dec 2006 |
£21,000 | 11 Jul 1997 |
Terraced |
Leasehold |
Floor Area: 95 sq meters or 1,022 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 December 2006 the House Price Index for GREATER MANCHESTER was 89.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.761%.Applying this 66.761% change to the original purchase price of £150,000 results in an estimated price of approximately £250,141.
15 Dec 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.8 | 149.7 | 66.761 % | £150,000 | £100,141 | £250,141 |
The Postcode Pricing Model uses changes in average sales price within the M16 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 | 101.885 % | £152,827 | £302,827 |
3 Month Average | 45.502 % | £68,252 | £218,252 |
6 Month Average | 58.074 % | £87,111 | £237,111 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Mar 2024 | £218,355 | £215,000 | 2 PREMIER STREET |
14 Apr 2023 | £333,742 | £327,500 | 48 DARNLEY STREET |
1 Jul 2022 | £282,834 | £280,000 | 27 DARNLEY STREET |
25 Mar 2022 | £269,335 | £258,000 | 61 PREMIER STREET |
25 Mar 2022 | £269,726 | £258,375 | 15 NORTON STREET |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 26 Jul 2013. Using an estimated price of £250,141 means this house is valued at £2,633 per sq meter (£244 per sq foot).
The average size of a house on DARNLEY STREET is 106 sq meters (1,142 sq feet).