£200,053
This estimated value is based upon the latest sale price for the house of £95,000 on 19 Mar 2004. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£95,000 | 19 Mar 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 758 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 March 2004 the House Price Index for GREATER MANCHESTER was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £95,000 results in an estimated price of approximately £200,053.
19 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
71.1 | 149.7 | 110.582 % | £95,000 | £105,053 | £200,053 |
The Postcode Pricing Model uses changes in average sales price within the M18 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 | 126.654 % | £120,321 | £215,321 |
3 Month Average | 286.975 % | £272,626 | £367,626 |
6 Month Average | 330.189 % | £313,679 | £408,679 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £260,926 | £255,000 | 6 DELAHAYS RANGE |
4 Oct 2023 | £184,183 | £180,000 | 9 DELAHAYS RANGE |
2 Jun 2023 | £127,556 | £125,000 | FLAT 5 918 HYDE ROAD |
29 Mar 2023 | £103,732 | £102,000 | FLAT 5 936 HYDE ROAD |
24 Feb 2023 | £246,648 | £245,000 | 9 CLUMBER ROAD |
This house has a floor area of 70 sq meters or 758 sq feet when measured on 25 Mar 2010. Using an estimated price of £200,053 means this house is valued at £2,837 per sq meter (£263 per sq foot).
The average size of a house on HYDE ROAD is 94 sq meters (1,012 sq feet).