£270,632
This estimated value is based upon the latest sale price for the house of £218,000 on 4 Oct 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 |
---|---|
£218,000 | 4 Oct 2018 |
£213,000 | 19 Dec 2007 |
£200,000 | 21 May 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 94 sq meters or 1,011 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 October 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £218,000 results in an estimated price of approximately £270,632.
4 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £218,000 | £52,632 | £270,632 |
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 | 23.310 % | £50,815 | £268,815 |
3 Month Average | 29.186 % | £63,624 | £281,624 |
6 Month Average | 35.022 % | £76,346 | £294,346 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jan 2023 | £315,844 | £315,000 | APARTMENT 8 THE STRAND 74A BROAD ROAD |
25 Nov 2022 | £358,324 | £360,000 | 51 BEECH ROAD |
28 Oct 2022 | £386,210 | £387,500 | 80 BEECH ROAD |
16 Aug 2022 | £336,574 | £335,000 | 59 BEECH ROAD |
16 Mar 2022 | £151,370 | £145,000 | FLAT 4 33 CARLYN AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 25 Apr 2018. Using an estimated price of £270,632 means this house is valued at £2,879 per sq meter (£267 per sq foot).
The average size of a house on BROAD ROAD is 102 sq meters (1,102 sq feet).