£138,542
This estimated value is based upon the latest sale price for the house of £119,500 on 20 Nov 2020. 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 |
---|---|
£119,500 | 20 Nov 2020 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 November 2020 the House Price Index for GREATER MANCHESTER was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £119,500 results in an estimated price of approximately £138,542.
20 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £119,500 | £19,042 | £138,542 |
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 | 3.032 % | £3,622 | £123,122 |
3 Month Average | 1.843 % | £2,202 | £121,702 |
6 Month Average | 18.302 % | £21,871 | £141,371 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £211,195 | £207,500 | 203 HORTON ROAD |
8 Dec 2023 | £175,572 | £172,500 | FLAT 201 241 MARINE ROAD CENTRAL |
17 Jul 2023 | £228,576 | £225,500 | 167 HORTON ROAD |
19 Apr 2023 | £212,286 | £210,000 | 19 DALTON AVENUE |
22 Jul 2022 | £194,524 | £194,000 | 156 HORTON ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 11 Feb 2020. Using an estimated price of £138,543 means this house is valued at £1,629 per sq meter (£151 per sq foot).
The average size of a house on THORNTON ROAD is 69 sq meters (743 sq feet).