£195,881
This estimated value is based upon the latest sale price for the house of £59,950 on 1 Oct 2001. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
Price Paid | Date |
---|---|
£59,950 | 1 Oct 2001 |
Semi-Detached |
Leasehold |
Floor Area: 74 sq meters or 796 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 2001 the House Price Index for GREATER MANCHESTER was 45.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 226.742%.Applying this 226.742% change to the original purchase price of £59,950 results in an estimated price of approximately £195,881.
1 Oct 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.8 | 149.7 | 226.742 % | £59,950 | £135,931 | £195,881 |
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 | 374.597 % | £224,571 | £284,521 |
3 Month Average | 237.155 % | £142,174 | £202,124 |
6 Month Average | 242.862 % | £145,595 | £205,545 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2024 | £103,000 | £103,000 | APARTMENT 103 50 MANCHESTER STREET |
1 May 2024 | £225,000 | £225,000 | 2 FARWOOD CLOSE |
5 Jun 2023 | £163,272 | £160,000 | APARTMENT 36 25 CHORLTON STREET |
29 Mar 2023 | £78,613 | £77,300 | APARTMENT 41 25 CHORLTON STREET |
17 Feb 2023 | £211,412 | £210,000 | 79 STANLEY ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 24 Feb 2009. Using an estimated price of £195,882 means this house is valued at £2,647 per sq meter (£245 per sq foot).
The average size of a house on FARWOOD CLOSE is 82 sq meters (885 sq feet).