£313,291
This estimated value is based upon the latest sale price for the house of £249,999 on 16 Mar 2018. 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 |
---|---|
£249,999 | 16 Mar 2018 |
£173,000 | 2 Nov 2012 |
£15,625 | 15 Sep 2000 |
Semi-Detached |
Freehold |
Floor Area: 83 sq meters or 893 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 March 2018 the House Price Index for GREATER MANCHESTER was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £249,999 results in an estimated price of approximately £313,291.
16 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £249,999 | £63,292 | £313,291 |
The Postcode Pricing Model uses changes in average sales price within the M16 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 | -49.954 % | £-124,884 | £125,114 |
3 Month Average | 57.011 % | £142,526 | £392,525 |
6 Month Average | 37.492 % | £93,728 | £343,727 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Jun 2023 | £303,678 | £300,000 | 2 ERLINGTON AVENUE |
14 Jul 2022 | £496,336 | £495,000 | 150 SEYMOUR GROVE |
24 Nov 2021 | £388,480 | £359,200 | 35 NORTHLEIGH ROAD |
28 Sep 2021 | £212,825 | £197,500 | 160 SEYMOUR GROVE |
29 Jun 2021 | £383,839 | £357,750 | 161 KINGS ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 18 May 2012. Using an estimated price of £313,291 means this house is valued at £3,774 per sq meter (£350 per sq foot).
The average size of a house on BASFORD ROAD is 127 sq meters (1,367 sq feet).
This house is the smallest in the street with a floor area of 83 sq meters (893 sq feet).