£104,231
This estimated value is based upon the latest sale price for the house of £81,000 on 23 May 2017. 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 |
|---|---|
| £81,000 | 23 May 2017 |
| £65,000 | 1 Jun 2007 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 538 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 May 2017 the House Price Index for GREATER MANCHESTER was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £81,000 results in an estimated price of approximately £104,231.
| 23 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £81,000 | £23,231 | £104,231 |
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 | 86.561 % | £70,114 | £151,114 |
| 3 Month Average | 24.672 % | £19,984 | £100,984 |
| 6 Month Average | 25.797 % | £20,895 | £101,895 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2023 | £111,349 | £110,000 | 108 ASHLEY LANE |
| 30 Jun 2022 | £258,148 | £254,500 | 14 KINGSLEY AVENUE |
| 6 Jun 2022 | £60,860 | £60,000 | FLAT 10 137 - 139 ASHLEY LANE |
| 27 May 2022 | £172,755 | £169,500 | 107 ASHLEY LANE |
| 25 May 2022 | £168,169 | £165,000 | 9 ELMWOOD GROVE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 28 Jul 2020. Using an estimated price of £104,231 means this house is valued at £2,084 per sq meter (£193 per sq foot).
The average size of a house on RAILTON TERRACE is 99 sq meters (1,074 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).