£374,854
This estimated value is based upon the latest sale price for the house of £249,050 on 25 Sep 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 |
|---|---|
| £249,050 | 25 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 September 2014 the House Price Index for GREATER MANCHESTER was 98.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £249,050 results in an estimated price of approximately £374,854.
| 25 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £249,050 | £125,804 | £374,854 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 51.290 % | £127,736 | £376,786 |
| 3 Month Average | 59.937 % | £149,273 | £398,323 |
| 6 Month Average | 60.952 % | £151,801 | £400,851 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £407,123 | £400,000 | 108 URBAN ROAD |
| 23 Jun 2023 | £480,824 | £475,000 | 90 URBAN ROAD |
| 28 Oct 2022 | £188,471 | £190,500 | 109 URBAN ROAD |
| 13 Oct 2022 | £321,538 | £325,000 | 92 URBAN ROAD |
| 12 Jul 2022 | £483,301 | £482,000 | 97 URBAN ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 18 Jun 2014. Using an estimated price of £374,855 means this house is valued at £3,346 per sq meter (£310 per sq foot).
The average size of a house on URBAN ROAD is 104 sq meters (1,127 sq feet).