£168,041
This estimated value is based upon the latest sale price for the house of £130,000 on 10 Apr 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 |
|---|---|
| £130,000 | 10 Apr 2017 |
| £135,000 | 14 Jul 2006 |
| £34,500 | 6 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2017 the House Price Index for GREATER MANCHESTER was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £130,000 results in an estimated price of approximately £168,041.
| 10 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 148.6 | 29.262 % | £130,000 | £38,041 | £168,041 |
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 | -24.526 % | £-31,884 | £98,115 |
| 3 Month Average | 12.255 % | £15,931 | £145,931 |
| 6 Month Average | 44.588 % | £57,964 | £187,964 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £161,962 | £160,000 | 42 GREVILLE STREET |
| 13 Mar 2023 | £85,808 | £85,000 | 67A BANKFIELD AVENUE |
| 23 Feb 2023 | £94,936 | £95,000 | 1A GRETON CLOSE |
| 14 Apr 2022 | £180,215 | £175,000 | 49 ASHFIELD ROAD |
| 28 Feb 2022 | £136,330 | £130,000 | 1 BANKFIELD AVENUE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 28 Feb 2017. Using an estimated price of £168,041 means this house is valued at £1,663 per sq meter (£154 per sq foot).
The average size of a house on CLARENCE ROAD is 102 sq meters (1,101 sq feet).