£110,276
This estimated value is based upon the latest sale price for the house of £34,000 on 12 Oct 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 |
---|---|
£34,000 | 12 Oct 2001 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 October 2001 the House Price Index for GREATER MANCHESTER was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £34,000 results in an estimated price of approximately £110,276.
12 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.8 | 148.6 | 224.341 % | £34,000 | £76,276 | £110,276 |
The Postcode Pricing Model uses changes in average sales price within the M16 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 | 202.818 % | £68,958 | £102,958 |
3 Month Average | 251.373 % | £85,466 | £119,466 |
6 Month Average | 238.360 % | £81,042 | £115,042 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Aug 2023 | £209,836 | £208,000 | 78 LANGSHAW STREET |
7 Jun 2022 | £304,300 | £300,000 | 7 ST JOHNS ROAD |
18 Feb 2022 | £398,504 | £380,000 | 77 AYRES ROAD |
29 Sep 2021 | £226,294 | £210,000 | 171 HENRIETTA STREET |
27 Sep 2021 | £344,830 | £320,000 | 5 ST JOHNS ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 16 Sep 2020. Using an estimated price of £110,276 means this house is valued at £1,070 per sq meter (£99 per sq foot).
The average size of a house on AYRES ROAD is 102 sq meters (1,098 sq feet).