£101,483
This estimated value is based upon the latest sale price for the house of £37,000 on 23 Aug 2002. 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 |
|---|---|
| £37,000 | 23 Aug 2002 |
| £20,000 | 14 Nov 2001 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 August 2002 the House Price Index for GREATER MANCHESTER was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £37,000 results in an estimated price of approximately £101,483.
| 23 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £37,000 | £64,483 | £101,483 |
The Postcode Pricing Model uses changes in average sales price within the M13 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 | 107.878 % | £39,914 | £76,914 |
| 3 Month Average | 172.211 % | £63,718 | £100,718 |
| 6 Month Average | 294.317 % | £108,897 | £145,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £167,480 | £165,000 | APARTMENT 22 1 - 3 BIRCH LANE |
| 31 Aug 2023 | £217,906 | £216,000 | 26 WHILEY STREET |
| 2 Jun 2023 | £141,717 | £140,000 | APARTMENT 4 1 - 3 BIRCH LANE |
| 9 Sep 2022 | £213,278 | £215,000 | 10 SOUTHERNBY CLOSE |
| 7 Sep 2021 | £129,311 | £120,000 | 17 HOLMFIRTH STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 20 Oct 2014. Using an estimated price of £101,484 means this house is valued at £1,301 per sq meter (£120 per sq foot).