£77,691
This estimated value is based upon the latest sale price for the house of £22,500 on 4 May 2001. 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 |
---|---|
£22,500 | 4 May 2001 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 581 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 May 2001 the House Price Index for GREATER MANCHESTER was 43.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 245.295%.Applying this 245.295% change to the original purchase price of £22,500 results in an estimated price of approximately £77,691.
4 May 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.4 | 149.7 | 245.295 % | £22,500 | £55,191 | £77,691 |
The Postcode Pricing Model uses changes in average sales price within the M4 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 | 186.851 % | £42,041 | £64,541 |
3 Month Average | 118.854 % | £26,742 | £49,242 |
6 Month Average | 117.714 % | £26,485 | £48,985 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £312,150 | £312,150 | 6 BADBY CLOSE |
6 Dec 2023 | £139,280 | £135,000 | 5D BADBY CLOSE |
1 Jun 2023 | £122,454 | £120,000 | 9B BADBY CLOSE |
17 Mar 2023 | £269,501 | £265,000 | 16 BLISWORTH CLOSE |
13 Feb 2023 | £224,500 | £223,000 | 7 MAIDFORD CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 29 Oct 2019. Using an estimated price of £77,691 means this house is valued at £1,438 per sq meter (£133 per sq foot).
The average size of a house on HACKLETON CLOSE is 66 sq meters (716 sq feet).