£252,608
This estimated value is based upon the latest sale price for the house of £205,000 on 18 May 2020. 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 |
---|---|
£205,000 | 18 May 2020 |
£81,000 | 7 Nov 2003 |
Semi-Detached |
Freehold |
Floor Area: 66 sq meters or 710 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 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £205,000 results in an estimated price of approximately £252,608.
18 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.224 % | £205,000 | £47,608 | £252,608 |
The Postcode Pricing Model uses changes in average sales price within the M6 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 | 90.070 % | £184,643 | £389,643 |
3 Month Average | 74.192 % | £152,093 | £357,093 |
6 Month Average | 51.515 % | £105,605 | £310,605 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £152,548 | £150,000 | 7 PINHIGH PLACE |
3 Mar 2023 | £162,717 | £160,000 | 49 PINHIGH PLACE |
12 Apr 2022 | £157,688 | £152,000 | 57 PINHIGH PLACE |
31 Jan 2022 | £98,720 | £93,115 | 63 PINHIGH PLACE |
2 Nov 2021 | £253,858 | £233,000 | 31 OVERLINKS DRIVE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 13 Jun 2019. Using an estimated price of £252,608 means this house is valued at £3,827 per sq meter (£355 per sq foot).
The average size of a house on LANCASTER ROAD is 84 sq meters (914 sq feet).