£68,598
This estimated value is based upon the latest sale price for the house of £47,000 on 19 May 2015. 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 |
|---|---|
| £47,000 | 19 May 2015 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £47,000 results in an estimated price of approximately £68,598.
| 19 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £47,000 | £21,598 | £68,598 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 122.989 % | £57,804 | £104,804 |
| 3 Month Average | 31.053 % | £14,594 | £61,594 |
| 6 Month Average | 45.066 % | £21,181 | £68,181 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2023 | £116,094 | £115,000 | 22 GILLFORD AVENUE |
| 11 Oct 2022 | £89,041 | £90,000 | 281 MOSTON LANE |
| 11 Aug 2022 | £92,252 | £92,500 | 8 CARNABY STREET |
| 6 Jan 2022 | £126,289 | £120,000 | 62 GILL STREET |
| 18 Oct 2021 | £132,777 | £120,000 | 273 MOSTON LANE |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 21 Apr 2016. Using an estimated price of £68,598 means this house is valued at £699 per sq meter (£65 per sq foot).
There is one other house on the street which we know the size of, this is 14 GARNANT CLOSE it is 112.0