£115,945
This estimated value is based upon the latest sale price for the house of £63,500 on 18 Nov 2005. 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 |
---|---|
£63,500 | 18 Nov 2005 |
£32,000 | 30 Apr 2003 |
Terraced |
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 November 2005 the House Price Index for GREATER MANCHESTER was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £63,500 results in an estimated price of approximately £115,945.
18 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.0 | 149.7 | 82.592 % | £63,500 | £52,445 | £115,945 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 57.945 % | £36,795 | £100,295 |
3 Month Average | 63.038 % | £40,028 | £103,528 |
6 Month Average | 93.580 % | £59,423 | £122,923 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £135,500 | £135,500 | 4 BECKENHAM ROAD |
26 Apr 2024 | £196,708 | £195,000 | 60 ABERCARN CLOSE |
15 Sep 2023 | £398,791 | £390,000 | 40 BRIDEOAK STREET |
16 Aug 2023 | £141,553 | £139,000 | 80 BRIDEOAK STREET |
10 Mar 2023 | £139,327 | £137,000 | 76 ABERCARN CLOSE |