£194,065
This estimated value is based upon the latest sale price for the house of £156,000 on 18 Sep 2018. 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 |
---|---|
£156,000 | 18 Sep 2018 |
Flats/Maisonettes |
Leasehold |
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 September 2018 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £156,000 results in an estimated price of approximately £194,065.
18 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.401 % | £156,000 | £38,065 | £194,065 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 37.975 % | £59,241 | £215,241 |
3 Month Average | 24.421 % | £38,096 | £194,096 |
6 Month Average | 38.719 % | £60,401 | £216,401 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Sep 2023 | £219,846 | £215,000 | FLAT 11 PINEWOOD COURT BROAD ROAD |
30 Mar 2023 | £216,109 | £212,500 | FLAT 1 ABERCROMBIE COURT BROAD ROAD |
28 Jan 2022 | £196,137 | £185,000 | FLAT 10 PINEWOOD COURT BROAD ROAD |
18 Jan 2022 | £569,326 | £537,000 | 12 KINGSTON DRIVE |
19 Oct 2021 | £479,308 | £430,000 | 6 ABBOTS CLOSE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 23 Nov 2017. Using an estimated price of £194,065 means this house is valued at £3,593 per sq meter (£333 per sq foot).
The average size of a house on BROAD ROAD is 102 sq meters (1,102 sq feet).