£95,721
This estimated value is based upon the latest sale price for the house of £19,000 on 1 Aug 1997. 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 |
|---|---|
| £19,000 | 1 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 August 1997 the House Price Index for GREATER MANCHESTER was 29.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 403.797%.Applying this 403.797% change to the original purchase price of £19,000 results in an estimated price of approximately £95,721.
| 1 Aug 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.5 | 148.6 | 403.797 % | £19,000 | £76,721 | £95,721 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 310.432 % | £58,982 | £77,982 |
| 3 Month Average | 392.959 % | £74,662 | £93,662 |
| 6 Month Average | 524.949 % | £99,740 | £118,740 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £182,705 | £180,000 | 70 HORTON ROAD |
| 11 Aug 2023 | £196,721 | £195,000 | 12 THORNTON ROAD |
| 2 Aug 2023 | £196,721 | £195,000 | 35 THORNTON ROAD |
| 21 Jul 2023 | £199,688 | £197,000 | 42 HORTON ROAD |
| 9 Jun 2023 | £222,698 | £220,000 | 32 THORNTON ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 18 Aug 2015. Using an estimated price of £95,721 means this house is valued at £1,543 per sq meter (£143 per sq foot).
The average size of a house on THORNTON ROAD is 69 sq meters (743 sq feet).