£104,171
This estimated value is based upon the latest sale price for the house of £20,500 on 23 Jul 1997. 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 |
|---|---|
| £20,500 | 23 Jul 1997 |
| £17,000 | 28 Nov 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 July 1997 the House Price Index for GREATER MANCHESTER was 29.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 408.152%.Applying this 408.152% change to the original purchase price of £20,500 results in an estimated price of approximately £104,171.
| 23 Jul 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.2 | 148.6 | 408.152 % | £20,500 | £83,671 | £104,171 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 764.336 % | £156,688 | £177,188 |
| 3 Month Average | 439.293 % | £90,055 | £110,555 |
| 6 Month Average | 515.471 % | £105,671 | £126,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £327,868 | £325,000 | 54 BROADLEA ROAD |
| 24 Jul 2023 | £319,297 | £315,000 | 14 OVERLEA DRIVE |
| 1 Jun 2023 | £237,881 | £235,000 | 14 ROSEVALE AVENUE |
| 6 Mar 2023 | £262,473 | £260,000 | 21 OVERLEA DRIVE |
| 22 Feb 2023 | £292,303 | £292,500 | 96 BROADLEA ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 10 Jun 2021. Using an estimated price of £104,171 means this house is valued at £1,225 per sq meter (£113 per sq foot).
There is one other house on the street which we know the size of, this is 1 BRIARLEA GARDENS it is 69.0