£219,225
This estimated value is based upon the latest sale price for the house of £210,000 on 31 Mar 2022. 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 |
---|---|
£210,000 | 31 Mar 2022 |
£82,750 | 19 Mar 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 83 sq meters or 893 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 2022 the House Price Index for GREATER MANCHESTER was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £210,000 results in an estimated price of approximately £219,225.
31 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £210,000 | £9,225 | £219,225 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | -37.682 % | £-79,132 | £130,867 |
3 Month Average | -19.817 % | £-41,615 | £168,384 |
6 Month Average | 9.708 % | £20,387 | £230,387 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £453,975 | £447,000 | 30 PARK ROAD |
14 Dec 2023 | £149,597 | £145,000 | FLAT 10 NORFOLK HOUSE, 34 UPPER PARK ROAD |
21 Mar 2023 | £122,038 | £120,000 | 30 CATHERINE ROAD |
8 Mar 2023 | £151,429 | £148,900 | APARTMENT 19 THE OAKS, 157 - 159 BURY OLD ROAD |
31 Jan 2023 | £671,795 | £670,000 | 164 BURY OLD ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 26 Feb 2020. Using an estimated price of £219,226 means this house is valued at £2,641 per sq meter (£245 per sq foot).
The average size of a house on CATHERINE ROAD is 101 sq meters (1,087 sq feet).