£212,297
This estimated value is based upon the latest sale price for the house of £45,500 on 28 Aug 1998. 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 |
---|---|
£45,500 | 28 Aug 1998 |
£25,000 | 15 Aug 1997 |
£22,500 | 15 May 1997 |
Terraced |
Freehold |
Floor Area: 164 sq meters or 1,765 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 August 1998 the House Price Index for GREATER MANCHESTER was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 366.588%.Applying this 366.588% change to the original purchase price of £45,500 results in an estimated price of approximately £212,297.
28 Aug 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.8 | 148.6 | 366.588 % | £45,500 | £166,797 | £212,297 |
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 | 283.279 % | £128,892 | £174,392 |
3 Month Average | 425.428 % | £193,569 | £239,069 |
6 Month Average | 442.252 % | £201,224 | £246,724 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Apr 2023 | £232,503 | £230,000 | 17 CROMWELL AVENUE |
6 Sep 2022 | £371,996 | £375,000 | 50 MILTON GROVE |
28 Jul 2022 | £345,964 | £345,033 | 4 BURY AVENUE |
25 Jul 2022 | £333,173 | £332,276 | 10 MILTON GROVE |
14 Mar 2022 | £317,096 | £306,000 | 7 CROMWELL AVENUE |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 15 Jul 2013. Using an estimated price of £212,298 means this house is valued at £1,294 per sq meter (£120 per sq foot).
The average size of a house on MILTON GROVE is 123 sq meters (1,324 sq feet).