£176,172
This estimated value is based upon the latest sale price for the house of £137,500 on 7 Jun 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 |
|---|---|
| £137,500 | 7 Jun 2017 |
| Terraced |
| Freehold |
| 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 June 2017 the House Price Index for GREATER MANCHESTER was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £137,500 results in an estimated price of approximately £176,172.
| 7 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £137,500 | £38,672 | £176,172 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 32.723 % | £44,994 | £182,494 |
| 3 Month Average | 21.650 % | £29,768 | £167,268 |
| 6 Month Average | 47.089 % | £64,747 | £202,247 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2023 | £195,366 | £193,000 | 25 BLUE MOON WAY |
| 1 Feb 2023 | £194,869 | £195,000 | 118 HORTON ROAD |
| 5 Aug 2022 | £185,999 | £186,500 | 90 THORNTON ROAD |
| 4 Jul 2022 | £202,545 | £202,000 | 100 HORTON ROAD |
| 28 Apr 2022 | £183,304 | £178,000 | 144 THORNTON ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 7 Feb 2017. Using an estimated price of £176,173 means this house is valued at £2,516 per sq meter (£233 per sq foot).
The average size of a house on THORNTON ROAD is 69 sq meters (743 sq feet).