£234,966
This estimated value is based upon the latest sale price for the house of £185,000 on 2 Aug 2017. 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 |
---|---|
£185,000 | 2 Aug 2017 |
£157,000 | 9 Oct 2015 |
Semi-Detached |
Leasehold |
Floor Area: 70 sq meters or 753 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 2017 the House Price Index for GREATER MANCHESTER was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £185,000 results in an estimated price of approximately £234,966.
2 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 148.6 | 27.009 % | £185,000 | £49,966 | £234,966 |
The Postcode Pricing Model uses changes in average sales price within the M16 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 | -1.279 % | £-2,366 | £182,633 |
3 Month Average | 58.546 % | £108,309 | £293,309 |
6 Month Average | 49.756 % | £92,048 | £277,048 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Feb 2023 | £209,859 | £210,000 | 79 STANLEY ROAD |
1 Apr 2022 | £129,755 | £126,000 | FLAT 8 GREENLAW COURT HENRIETTA STREET |
29 Oct 2021 | £244,642 | £221,100 | 2 SUDBURY CLOSE |
31 Aug 2021 | £429,512 | £385,000 | 18 EAST UNION STREET |
16 Sep 2020 | £106,805 | £89,950 | APARTMENT 146 50 MANCHESTER STREET |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 16 Jul 2015. Using an estimated price of £234,966 means this house is valued at £3,356 per sq meter (£311 per sq foot).
The average size of a house on SUDBURY CLOSE is 91 sq meters (989 sq feet).