£200,983
This estimated value is based upon the latest sale price for the house of £127,500 on 27 Jul 2007. 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 |
|---|---|
| £127,500 | 27 Jul 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 730 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 July 2007 the House Price Index for GREATER MANCHESTER was 94.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.634%.Applying this 57.634% change to the original purchase price of £127,500 results in an estimated price of approximately £200,983.
| 27 Jul 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 148.6 | 57.634 % | £127,500 | £73,483 | £200,983 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | -64.004 % | £-81,604 | £45,895 |
| 3 Month Average | 46.105 % | £58,783 | £186,283 |
| 6 Month Average | 83.813 % | £106,861 | £234,361 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Feb 2023 | £344,768 | £345,000 | 5 MESNEFIELD ROAD |
| 1 Feb 2023 | £119,919 | £120,000 | 34 LEVER COURT, 218 MOOR LANE |
| 7 Oct 2022 | £217,656 | £220,000 | 29 OAKLANDS ROAD |
| 27 May 2022 | £133,516 | £131,000 | 6 LEVER COURT, 216 MOOR LANE |
| 20 May 2022 | £275,185 | £270,000 | 16 OAKLANDS ROAD |
This house has a floor area of 67 sq meters or 730 sq feet when measured on 20 Aug 2011. Using an estimated price of £200,983 means this house is valued at £2,959 per sq meter (£274 per sq foot).
The average size of a house on MOOR LANE is 71 sq meters (774 sq feet).