£223,833
This estimated value is based upon the latest sale price for the house of £168,500 on 16 Sep 2016. 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 |
|---|---|
| £168,500 | 16 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 September 2016 the House Price Index for GREATER MANCHESTER was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £168,500 results in an estimated price of approximately £223,833.
| 16 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £168,500 | £55,333 | £223,833 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 37.211 % | £62,700 | £231,200 |
| 3 Month Average | 18.077 % | £30,459 | £198,959 |
| 6 Month Average | 46.737 % | £78,752 | £247,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £220,000 | £220,000 | 334 PLATT LANE |
| 22 Jun 2023 | £270,274 | £267,000 | 22 GATLEY AVENUE |
| 5 Jun 2023 | £313,801 | £310,000 | 151 LLOYD STREET SOUTH |
| 31 Mar 2023 | £290,234 | £287,500 | 3 PRESTBURY AVENUE |
| 21 Oct 2022 | £303,730 | £307,000 | 205 PLATT LANE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 16 Jun 2016. Using an estimated price of £223,834 means this house is valued at £2,194 per sq meter (£203 per sq foot).
The average size of a house on PLATT LANE is 105 sq meters (1,140 sq feet).