£83,074
This estimated value is based upon the latest sale price for the house of £56,500 on 1 May 2015. 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 |
|---|---|
| £56,500 | 1 May 2015 |
| £55,000 | 26 Mar 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £56,500 results in an estimated price of approximately £83,074.
| 1 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £56,500 | £26,574 | £83,074 |
The Postcode Pricing Model uses changes in average sales price within the M23 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 | 149.226 % | £84,312 | £140,812 |
| 3 Month Average | 85.117 % | £48,091 | £104,591 |
| 6 Month Average | 82.820 % | £46,793 | £103,293 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £75,657 | £75,000 | FLAT 32 SOUTHMOOR 23 GLEBELANDS ROAD |
| 20 Dec 2023 | £72,219 | £70,000 | FLAT 52 SOUTHMOOR 23 GLEBELANDS ROAD |
| 29 Sep 2023 | £69,533 | £68,000 | FLAT 17 SOUTHMOOR 23 GLEBELANDS ROAD |
| 29 Sep 2023 | £71,578 | £70,000 | FLAT 74 SOUTHMOOR 23 GLEBELANDS ROAD |
| 17 Apr 2023 | £75,665 | £74,250 | FLAT 44 SOUTHMOOR 23 GLEBELANDS ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 23 Mar 2015. Using an estimated price of £83,074 means this house is valued at £1,888 per sq meter (£175 per sq foot).
The average size of a house on GLEBELANDS ROAD is 50 sq meters (542 sq feet).