£107,388
This estimated value is based upon the latest sale price for the house of £72,000 on 19 Dec 2014. 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 |
|---|---|
| £72,000 | 19 Dec 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 76 sq meters or 818 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 December 2014 the House Price Index for GREATER MANCHESTER was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £72,000 results in an estimated price of approximately £107,388.
| 19 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £72,000 | £35,388 | £107,388 |
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 | 139.944 % | £100,759 | £172,759 |
| 3 Month Average | 60.491 % | £43,553 | £115,553 |
| 6 Month Average | 54.064 % | £38,926 | £110,926 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £199,243 | £197,500 | 13 HOPKINSON ROAD |
| 10 Aug 2023 | £191,677 | £190,000 | 8 MIRFIELD ROAD |
| 2 Feb 2023 | £144,902 | £145,000 | 38 CECIL ROAD |
| 27 Jan 2023 | £169,203 | £170,000 | 49 HEATHBANK ROAD |
| 5 Sep 2022 | £61,007 | £61,500 | FLAT 6, CECIL COURT 44 CECIL ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 22 Dec 2009. Using an estimated price of £107,389 means this house is valued at £1,413 per sq meter (£131 per sq foot).
The average size of a house on MIRFIELD ROAD is 104 sq meters (1,123 sq feet).