£254,489
This estimated value is based upon the latest sale price for the house of £230,000 on 21 Oct 2021. 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 |
---|---|
£230,000 | 21 Oct 2021 |
£230,000 | 21 Oct 2021 |
£186,995 | 22 Sep 2017 |
Semi-Detached |
Leasehold |
Floor Area: 92 sq meters or 990 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 October 2021 the House Price Index for GREATER MANCHESTER was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £230,000 results in an estimated price of approximately £254,489.
21 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.6 | 10.648 % | £230,000 | £24,489 | £254,489 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | 23.150 % | £53,245 | £283,245 |
3 Month Average | -18.654 % | £-42,904 | £187,095 |
6 Month Average | 3.474 % | £7,989 | £237,989 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jul 2023 | £283,719 | £279,900 | 3 LILFORD CLOSE |
29 Jul 2022 | £175,472 | £175,000 | 53 BEASTOW ROAD |
21 Oct 2021 | £254,490 | £230,000 | 8 LILFORD CLOSE |
17 Sep 2021 | £193,967 | £180,000 | 10 RADBOURNE CLOSE |
30 Jul 2021 | £212,614 | £185,000 | 19 ABBOTSBURY CLOSE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 19 Sep 2017. Using an estimated price of £254,490 means this house is valued at £2,766 per sq meter (£256 per sq foot).
The average size of a house on LILFORD CLOSE is 94 sq meters (1,020 sq feet).