£127,817
This estimated value is based upon the latest sale price for the house of £125,000 on 22 Sep 2023. 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 |
---|---|
£125,000 | 22 Sep 2023 |
£27,000 | 27 Sep 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 September 2023 the House Price Index for GREATER MANCHESTER was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £125,000 results in an estimated price of approximately £127,817.
22 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £125,000 | £2,817 | £127,817 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | -6.653 % | £-8,316 | £116,683 |
3 Month Average | -15.141 % | £-18,926 | £106,073 |
6 Month Average | 1.388 % | £1,735 | £126,735 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Mar 2024 | £126,950 | £125,000 | FLAT 27 FAIRFIELD COURT, 78 DAISY BANK ROAD |
18 Mar 2024 | £114,255 | £112,500 | FLAT 12 FAIRFIELD COURT, 78 DAISY BANK ROAD |
22 Sep 2023 | £127,818 | £125,000 | FLAT 14 FAIRFIELD COURT, 78 DAISY BANK ROAD |
22 Jun 2022 | £546,686 | £535,000 | 50 RICHMOND GROVE |
24 Feb 2022 | £292,639 | £277,000 | 54 LANGDALE ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 12 Oct 2017. Using an estimated price of £127,818 means this house is valued at £2,662 per sq meter (£247 per sq foot).
The average size of a house on DAISY BANK ROAD is 143 sq meters (1,548 sq feet).