£389,015
This estimated value is based upon the latest sale price for the house of £290,000 on 22 Jul 2016. 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 |
---|---|
£290,000 | 22 Jul 2016 |
Terraced |
Leasehold |
Floor Area: 146 sq meters or 1,571 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 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £290,000 results in an estimated price of approximately £389,015.
22 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £290,000 | £99,015 | £389,015 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | 70.538 % | £204,560 | £494,560 |
3 Month Average | 53.720 % | £155,788 | £445,788 |
6 Month Average | 65.549 % | £190,091 | £480,091 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £220,918 | £219,000 | 6 CONSUL STREET |
10 Nov 2023 | £145,698 | £142,000 | 69 CHURCH ROAD |
20 Oct 2023 | £255,810 | £250,000 | 3 FORD LANE |
1 Sep 2023 | £152,307 | £148,950 | FLAT 21 BOAT LANE COURT, 34 BRETT STREET |
7 Mar 2022 | £93,954 | £90,000 | 73 CHURCH ROAD |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 17 Jun 2015. Using an estimated price of £389,016 means this house is valued at £2,664 per sq meter (£247 per sq foot).
The average size of a house on CHURCH ROAD is 76 sq meters (826 sq feet).