£63,294
This estimated value is based upon the latest sale price for the house of £34,000 on 14 Mar 2005. 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 |
---|---|
£34,000 | 14 Mar 2005 |
Terraced |
Freehold |
Floor Area: 71 sq meters or 764 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 March 2005 the House Price Index for GREATER MANCHESTER was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.160%.Applying this 86.160% change to the original purchase price of £34,000 results in an estimated price of approximately £63,294.
14 Mar 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.8 | 148.6 | 86.160 % | £34,000 | £29,294 | £63,294 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | 140.055 % | £47,618 | £81,618 |
3 Month Average | 137.135 % | £46,626 | £80,626 |
6 Month Average | 119.956 % | £40,785 | £74,785 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £237,881 | £235,000 | 39 CALVE CROFT ROAD |
21 Apr 2023 | £129,393 | £128,000 | APARTMENT 19 BELVEDERE SQUARE, 55 PEEL HALL ROAD |
10 Feb 2023 | £189,922 | £190,050 | 34 PEEL HALL ROAD |
5 Aug 2022 | £222,401 | £223,000 | 44 LONGWOOD ROAD |
10 Feb 2022 | £202,975 | £193,550 | 43 LEOMINSTER DRIVE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 26 Jun 2014. Using an estimated price of £63,295 means this house is valued at £891 per sq meter (£82 per sq foot).
The average size of a house on LEOMINSTER DRIVE is 87 sq meters (938 sq feet).