£232,978
This estimated value is based upon the latest sale price for the house of £107,000 on 22 Dec 2003. 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 |
---|---|
£107,000 | 22 Dec 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 73 sq meters or 785 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 December 2003 the House Price Index for GREATER MANCHESTER was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £107,000 results in an estimated price of approximately £232,978.
22 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 148.6 | 117.737 % | £107,000 | £125,978 | £232,978 |
The Postcode Pricing Model uses changes in average sales price within the M16 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 | 74.381 % | £79,587 | £186,587 |
3 Month Average | 114.150 % | £122,140 | £229,140 |
6 Month Average | 110.900 % | £118,663 | £225,663 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £255,979 | £251,500 | FLAT 7 CONIFERS HOUSE, 158 MANCHESTER ROAD |
14 Dec 2023 | £193,384 | £190,000 | FLAT 19 OLLERTON COURT, 175 MANCHESTER ROAD |
6 Jun 2023 | £409,966 | £405,000 | 30 STRATTON ROAD |
1 Feb 2023 | £254,829 | £255,000 | 12 REGENT COURT, 174 MANCHESTER ROAD |
14 Jun 2022 | £426,021 | £420,000 | 4 MACAULEY ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 21 Jul 2015. Using an estimated price of £232,979 means this house is valued at £3,191 per sq meter (£296 per sq foot).
The average size of a house on MANCHESTER ROAD is 87 sq meters (940 sq feet).