£70,672
This estimated value is based upon the latest sale price for the house of £29,500 on 29 Apr 2003. 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 |
---|---|
£29,500 | 29 Apr 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 33 sq meters or 361 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 April 2003 the House Price Index for GREATER MANCHESTER was 62.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 139.568%.Applying this 139.568% change to the original purchase price of £29,500 results in an estimated price of approximately £70,672.
29 Apr 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
62.0 | 148.6 | 139.568 % | £29,500 | £41,172 | £70,672 |
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 | 101.799 % | £30,030 | £59,530 |
3 Month Average | 127.585 % | £37,637 | £67,137 |
6 Month Average | 140.995 % | £41,593 | £71,093 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £152,254 | £150,000 | FLAT 7 102 COLLEGE ROAD |
28 Apr 2023 | £459,952 | £455,000 | 47 COLLEGE ROAD |
3 Mar 2023 | £100,901 | £99,950 | FLAT 3 102 COLLEGE ROAD |
20 Apr 2022 | £566,390 | £550,000 | 117 DUDLEY ROAD |
26 Jan 2022 | £2,315,298 | £2,200,000 | 54 WOOD ROAD |
This house has a floor area of 33 sq meters or 361 sq feet when measured on 15 May 2010. Using an estimated price of £70,673 means this house is valued at £2,102 per sq meter (£195 per sq foot).
The average size of a house on COLLEGE ROAD is 119 sq meters (1,287 sq feet).