£98,141
This estimated value is based upon the latest sale price for the house of £80,000 on 6 Dec 2019. 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 |
|---|---|
| £80,000 | 6 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 December 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £80,000 results in an estimated price of approximately £98,141.
| 6 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £80,000 | £18,141 | £98,141 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 90.499 % | £72,399 | £152,399 |
| 3 Month Average | 29.666 % | £23,733 | £103,733 |
| 6 Month Average | 20.766 % | £16,612 | £96,612 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £172,555 | £170,000 | 5 PARSONS WAY |
| 9 Aug 2023 | £121,059 | £120,000 | 4 ROUNDHAM WALK |
| 27 Mar 2023 | £121,141 | £120,000 | 6 WILLOW BANK CHURCH LANE |
| 27 Jan 2023 | £154,273 | £155,000 | 37 WHITEWAY STREET |
| 24 Oct 2022 | £187,976 | £190,000 | 144 CHURCH LANE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 23 Apr 2014. Using an estimated price of £98,141 means this house is valued at £1,001 per sq meter (£93 per sq foot).
The average size of a house on CHURCH LANE is 95 sq meters (1,025 sq feet).