£88,857
This estimated value is based upon the latest sale price for the house of £68,000 on 20 Jan 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 |
---|---|
£68,000 | 20 Jan 2017 |
£50,000 | 11 Oct 2011 |
Terraced |
Freehold |
Floor Area: 49 sq meters or 527 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 January 2017 the House Price Index for GREATER MANCHESTER was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £68,000 results in an estimated price of approximately £88,857.
20 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 148.6 | 30.673 % | £68,000 | £20,857 | £88,857 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | 70.166 % | £47,713 | £115,713 |
3 Month Average | 48.242 % | £32,804 | £100,804 |
6 Month Average | 38.529 % | £26,199 | £94,199 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Sep 2021 | £183,191 | £170,000 | 89 CLOWES STREET |
7 Sep 2020 | £326,530 | £275,000 | LAND ON THE SOUTH SIDE OF HYDE ROAD |
31 Jul 2020 | £338,571 | £279,995 | 2 AVIARY ROAD |
24 Jul 2020 | £344,617 | £284,995 | 6 AVIARY ROAD |
24 Jul 2020 | £314,387 | £259,995 | 4 AVIARY ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 9 Sep 2016. Using an estimated price of £88,858 means this house is valued at £1,813 per sq meter (£168 per sq foot).
The average size of a house on FAIRHAVEN STREET is 56 sq meters (603 sq feet).