£197,940
This estimated value is based upon the latest sale price for the house of £125,000 on 5 Feb 2014. 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 |
|---|---|
| £125,000 | 5 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 February 2014 the House Price Index for GREATER MANCHESTER was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £125,000 results in an estimated price of approximately £197,940.
| 5 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £125,000 | £72,940 | £197,940 |
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 | -18.290 % | £-22,863 | £102,136 |
| 3 Month Average | -0.842 % | £-1,052 | £123,947 |
| 6 Month Average | 45.047 % | £56,309 | £181,309 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £220,261 | £217,000 | 22 NORBURN ROAD |
| 1 Nov 2023 | £263,907 | £260,000 | 27 MENTOR STREET |
| 12 Jun 2023 | £167,023 | £165,000 | 2 MELLER ROAD |
| 20 Jan 2023 | £204,039 | £205,000 | 8 NORBURN ROAD |
| 30 Mar 2022 | £212,434 | £205,000 | 4 ST AGNES ROAD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 9 Aug 2013. Using an estimated price of £197,941 means this house is valued at £2,128 per sq meter (£197 per sq foot).
The average size of a house on SLADE LANE is 141 sq meters (1,520 sq feet).