£192,406
This estimated value is based upon the latest sale price for the house of £156,000 on 23 Jul 2019. 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 |
|---|---|
| £156,000 | 23 Jul 2019 |
| £107,500 | 3 Oct 2014 |
| £95,000 | 30 Sep 2010 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 July 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £156,000 results in an estimated price of approximately £192,406.
| 23 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £156,000 | £36,406 | £192,406 |
The Postcode Pricing Model uses changes in average sales price within the M5 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 | 7.239 % | £11,292 | £167,292 |
| 3 Month Average | 15.381 % | £23,993 | £179,993 |
| 6 Month Average | 25.096 % | £39,150 | £195,150 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £182,601 | £180,266 | 7 BRAMBLE AVENUE |
| 15 Aug 2023 | £262,295 | £260,000 | 20 CLOUGHFIELD AVENUE |
| 28 Jul 2023 | £280,779 | £277,000 | 35 WHIMBERRY CLOSE |
| 15 Mar 2023 | £279,635 | £277,000 | 8 CORONATION STREET |
| 26 Jan 2023 | £213,992 | £215,000 | 41 WHIMBERRY CLOSE |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 16 Jun 2010. Using an estimated price of £192,406 means this house is valued at £2,404 per sq meter (£223 per sq foot).
There is one other house on the street which we know the size of, this is 21 CARMEL CLOSE it is 73.54