£389,253
This estimated value is based upon the latest sale price for the house of £85,000 on 10 Dec 1998. 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 |
---|---|
£85,000 | 10 Dec 1998 |
Semi-Detached |
Leasehold |
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 1998 the House Price Index for GREATER MANCHESTER was 32.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 357.946%.Applying this 357.946% change to the original purchase price of £85,000 results in an estimated price of approximately £389,253.
10 Dec 1998 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
32.3 | 148.0 | 357.946 % | £85,000 | £304,253 | £389,253 |
The Postcode Pricing Model uses changes in average sales price within the BL9 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 | 510.947 % | £434,305 | £519,305 |
3 Month Average | 368.947 % | £313,605 | £398,605 |
6 Month Average | 351.154 % | £298,480 | £383,480 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £261,446 | £256,500 | 56 HARRIS DRIVE |
3 Nov 2023 | £271,485 | £268,000 | 5 ELLAND CLOSE |
21 Apr 2023 | £534,976 | £531,000 | 24 PARR FOLD |
24 Mar 2023 | £298,614 | £297,000 | 193 PARR LANE |
28 Feb 2023 | £383,188 | £385,000 | 3 HARRIS DRIVE |