£271,366
This estimated value is based upon the latest sale price for the house of £159,995 on 14 Jun 2012. 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 |
---|---|
£159,995 | 14 Jun 2012 |
Terraced |
Leasehold |
Floor Area: 133 sq meters or 1,431 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 June 2012 the House Price Index for GREATER MANCHESTER was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.609%.Applying this 69.609% change to the original purchase price of £159,995 results in an estimated price of approximately £271,366.
14 Jun 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.609 % | £159,995 | £111,371 | £271,366 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 62.028 % | £99,242 | £259,237 |
3 Month Average | 41.955 % | £67,125 | £227,120 |
6 Month Average | 75.739 % | £121,178 | £281,173 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £478,319 | £469,950 | 2 STRACEY STREET |
31 Aug 2023 | £282,471 | £280,000 | 2 DANSON STREET |
29 Aug 2023 | £302,648 | £300,000 | 13 SAXON STREET |
3 May 2022 | £197,726 | £194,000 | 3 STRACEY STREET |
1 Feb 2022 | £214,982 | £205,000 | 8 SAXON STREET |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 31 May 2012. Using an estimated price of £271,366 means this house is valued at £2,040 per sq meter (£189 per sq foot).
The average size of a house on ROYDALE STREET is 180 sq meters (1,947 sq feet).
This house is the largest in the street with a floor area of 133 sq meters (1,431 sq feet).