Full Address

158 MANCHESTER ROAD
DROYLSDEN
MANCHESTER
GREATER MANCHESTER
UNITED KINGDOM
M43 6PW

Estimated Market Value

£150,310

This estimated value is based upon the latest sale price for the house of £49,950 on 22 Feb 2002. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER1

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Transactions for this house
Price PaidDate
£49,95022 Feb 2002
£20,30023 Dec 1996
House Details
Terraced
Leasehold

House Price Models

Land Registry House Price Index Model

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 February 2002 the House Price Index for GREATER MANCHESTER was 43.7.

The House Price Index as of 1 Dec 2019 is 131.5 which is a change of 200.921%.

Applying this 200.921% change to the original purchase price of £49,950 gives us an estimated price now of around £150,309.

22 Feb 2002 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
43.7 131.5 200.921 % £49,950 £100,359 £150,309

The Postcode Pricing Model uses changes in average sales price within the M43 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 195.626 % £97,715 £147,665
3 Month Average 210.252 % £105,020 £154,970
6 Month Average 182.027 % £90,922 £140,872

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In February 2002 the average sale price for the 50 nearest sales within a mile of 158 MANCHESTER ROAD was £35,220.

In September 2020 the average sale price for the 5 nearest sales was £120,625. This is a change of 242.490%.

So taking the original purchase price of £49,950 and adjusting it by 242.490% gives an estimated price of £171,073.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 22 Feb 2002 Average price on 29 Sep 2020 % change Purchase Price Gain / Loss Estimated Price
£35,220 £120,625 242.490 % £49,950 £121,123 £171,073
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
18 Oct 2019 £166,291 £165,000 45 LYME GROVE
27 Sep 2019 £128,797 £127,500 58 BEECH AVENUE
18 Jun 2019 £121,458 £118,529 278 MANCHESTER ROAD
14 Feb 2019 £163,643 £157,500 15 WEST DRIVE
25 Jan 2019 £93,057 £90,000 58 KERSHAW STREET

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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