£91,625
This estimated value is based upon the latest sale price for the house of £53,000 on 14 Oct 2011. 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 |
|---|---|
| £53,000 | 14 Oct 2011 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £53,000 results in an estimated price of approximately £91,625.
| 14 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £53,000 | £38,625 | £91,625 |
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 | 252.543 % | £133,847 | £186,847 |
| 3 Month Average | 77.273 % | £40,954 | £93,954 |
| 6 Month Average | 62.384 % | £33,063 | £86,063 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £237,074 | £235,000 | 34 MARGARET ASHTON CLOSE |
| 8 Aug 2023 | £189,659 | £188,000 | 15 RAVINE AVENUE |
| 9 Jun 2023 | £143,235 | £141,500 | 28 ZETA STREET |
| 20 Sep 2022 | £128,959 | £130,000 | 24 MARGARET ASHTON CLOSE |
| 17 Aug 2022 | £179,517 | £180,000 | 8 MOSTON BANK AVENUE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 4 Feb 2017. Using an estimated price of £91,626 means this house is valued at £848 per sq meter (£78 per sq foot).
The average size of a house on CHURCH LANE is 95 sq meters (1,025 sq feet).