£148,248
This estimated value is based upon the latest sale price for the house of £120,000 on 7 Oct 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 |
---|---|
£120,000 | 7 Oct 2019 |
£80,000 | 25 Feb 2011 |
Flats/Maisonettes |
Leasehold |
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 October 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £120,000 results in an estimated price of approximately £148,248.
7 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £120,000 | £28,248 | £148,248 |
The Postcode Pricing Model uses changes in average sales price within the M30 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 | 17.639 % | £21,166 | £141,166 |
3 Month Average | 32.909 % | £39,490 | £159,490 |
6 Month Average | 34.768 % | £41,721 | £161,721 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2024 | £307,500 | £307,500 | 91 VICTORIA ROAD |
21 Dec 2023 | £185,706 | £180,000 | 75 PORTLAND ROAD |
8 Dec 2023 | £155,787 | £151,000 | FLAT 17 VICTORIA HOUSE VICTORIA ROAD |
30 Jun 2023 | £122,454 | £120,000 | 7 DANTE CLOSE |
12 Apr 2023 | £244,575 | £240,000 | 17 MARLBOROUGH ROAD |