£319,049
This estimated value is based upon the latest sale price for the house of £200,000 on 6 Feb 2014. 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 |
|---|---|
| £200,000 | 6 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 February 2014 the House Price Index for GREATER MANCHESTER was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £200,000 results in an estimated price of approximately £319,049.
| 6 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £200,000 | £119,049 | £319,049 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 112.894 % | £225,787 | £425,787 |
| 3 Month Average | 91.559 % | £183,117 | £383,117 |
| 6 Month Average | 58.014 % | £116,027 | £316,027 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £256,510 | £249,999 | 14A COPSON STREET |
| 17 Nov 2023 | £446,330 | £435,000 | 7 MARRIOTT STREET |
| 15 Sep 2023 | £154,915 | £151,500 | FLAT 2 494 WILMSLOW ROAD |
| 22 Aug 2023 | £305,510 | £300,000 | 12 HOPELEA STREET |
| 24 Jan 2023 | £175,469 | £175,000 | FLAT 9 ALPINE COURT, 8 - 10 PALATINE ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 15 Mar 2019. Using an estimated price of £319,049 means this house is valued at £2,774 per sq meter (£257 per sq foot).
The average size of a house on PATTEN STREET is 118 sq meters (1,277 sq feet).