£247,070
This estimated value is based upon the latest sale price for the house of £70,000 on 5 Feb 2001. 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 |
---|---|
£70,000 | 5 Feb 2001 |
Terraced |
Freehold |
Floor Area: 113 sq meters or 1,223 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 February 2001 the House Price Index for GREATER MANCHESTER was 42.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 252.958%.Applying this 252.958% change to the original purchase price of £70,000 results in an estimated price of approximately £247,070.
5 Feb 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.1 | 148.6 | 252.958 % | £70,000 | £177,070 | £247,070 |
The Postcode Pricing Model uses changes in average sales price within the M15 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 | 159.665 % | £111,765 | £181,765 |
3 Month Average | 171.280 % | £119,895 | £189,895 |
6 Month Average | 208.992 % | £146,294 | £216,294 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £284,639 | £281,000 | 25 CECIL STREET |
17 Apr 2023 | £404,354 | £400,000 | 75 ACOMB STREET |
29 Oct 2021 | £146,608 | £132,500 | APARTMENT 38 347 MOSS LANE EAST |
13 Oct 2021 | £141,076 | £127,500 | APARTMENT 57 347 MOSS LANE EAST |
12 Apr 2021 | £214,544 | £190,000 | 66 BURLEIGH STREET |
This house has a floor area of 113 sq meters or 1,223 sq feet when measured on 8 Dec 2010. Using an estimated price of £247,070 means this house is valued at £2,172 per sq meter (£201 per sq foot).
The average size of a house on DENMARK ROAD is 71 sq meters (774 sq feet).