£218,930
This estimated value is based upon the latest sale price for the house of £150,000 on 15 May 2015. 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 |
---|---|
£150,000 | 15 May 2015 |
£154,000 | 13 Aug 2004 |
Semi-Detached |
Leasehold |
Floor Area: 105 sq meters or 1,130 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 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £150,000 results in an estimated price of approximately £218,930.
15 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.6 | 45.954 % | £150,000 | £68,930 | £218,930 |
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 | -14.862 % | £-22,293 | £127,706 |
3 Month Average | 53.787 % | £80,680 | £230,680 |
6 Month Average | 56.580 % | £84,870 | £234,870 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2022 | £496,336 | £495,000 | 150 SEYMOUR GROVE |
20 Dec 2021 | £278,558 | £260,000 | 184 KINGS ROAD |
24 Nov 2021 | £388,480 | £359,200 | 35 NORTHLEIGH ROAD |
28 Sep 2021 | £212,825 | £197,500 | 160 SEYMOUR GROVE |
29 Jun 2021 | £383,839 | £357,750 | 161 KINGS ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 25 Mar 2015. Using an estimated price of £218,931 means this house is valued at £2,085 per sq meter (£193 per sq foot).
The average size of a house on BASFORD ROAD is 127 sq meters (1,367 sq feet).