£122,632
This estimated value is based upon the latest sale price for the house of £100,000 on 17 Oct 2019. 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 |
|---|---|
| £100,000 | 17 Oct 2019 |
| £15,000 | 12 Mar 2003 |
| £19,000 | 30 Oct 1998 |
| Terraced |
| Freehold |
| Floor Area: 57 sq meters or 620 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 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £100,000 results in an estimated price of approximately £122,632.
| 17 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £100,000 | £22,632 | £122,632 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | -23.717 % | £-23,717 | £76,282 |
| 3 Month Average | 23.500 % | £23,499 | £123,499 |
| 6 Month Average | 22.680 % | £22,680 | £122,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2023 | £161,742 | £160,000 | 38 NORTON AVENUE |
| 30 Jun 2022 | £162,294 | £160,000 | 2 LOCKWOOD STREET |
| 16 Dec 2021 | £163,385 | £152,500 | 23 METHUEN STREET |
| 18 Nov 2021 | £126,537 | £117,000 | 25 BICKERDIKE AVENUE |
| 9 Nov 2021 | £135,189 | £125,000 | 67 BICKERDIKE AVENUE |
This house has a floor area of 57 sq meters or 620 sq feet when measured on 21 Jun 2010. Using an estimated price of £122,632 means this house is valued at £2,126 per sq meter (£197 per sq foot).
The average size of a house on METHUEN STREET is 71 sq meters (771 sq feet).
This house is the smallest in the street with a floor area of 57 sq meters (620 sq feet).