£164,646
This estimated value is based upon the latest sale price for the house of £132,000 on 31 May 2018. 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 |
|---|---|
| £132,000 | 31 May 2018 |
| £83,000 | 16 Feb 2015 |
| £27,000 | 26 Jan 2001 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 May 2018 the House Price Index for GREATER MANCHESTER was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £132,000 results in an estimated price of approximately £164,646.
| 31 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £132,000 | £32,646 | £164,646 |
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 | 67.967 % | £89,717 | £221,717 |
| 3 Month Average | 13.250 % | £17,489 | £149,489 |
| 6 Month Average | 26.356 % | £34,790 | £166,790 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £453,971 | £450,000 | 950 - 952 STOCKPORT ROAD |
| 18 Apr 2023 | £194,595 | £192,500 | 4 CROMWELL GROVE |
| 30 Sep 2022 | £228,158 | £230,000 | 921 STOCKPORT ROAD |
| 8 Apr 2022 | £63,075 | £61,250 | 8 ATLAS PLACE |
| 25 Jan 2022 | £247,316 | £235,000 | 942 STOCKPORT ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 19 Jun 2014. Using an estimated price of £164,646 means this house is valued at £2,533 per sq meter (£235 per sq foot).
The average size of a house on ELBOW STREET is 78 sq meters (846 sq feet).
This house is the largest in the street with a floor area of 65 sq meters (699 sq feet).