£173,485
This estimated value is based upon the latest sale price for the house of £138,000 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £138,000 | 8 Dec 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2017 the House Price Index for GREATER MANCHESTER was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £138,000 results in an estimated price of approximately £173,485.
| 8 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £138,000 | £35,485 | £173,485 |
The Postcode Pricing Model uses changes in average sales price within the M23 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 | 137.166 % | £189,289 | £327,289 |
| 3 Month Average | 43.710 % | £60,319 | £198,319 |
| 6 Month Average | 49.675 % | £68,552 | £206,552 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Apr 2023 | £172,861 | £171,000 | 5 BURDALE WALK |
| 25 Jul 2022 | £260,702 | £260,000 | 1 RAMSGILL CLOSE |
| 25 Apr 2022 | £226,556 | £220,000 | 3 FARNHILL WALK |
| 11 Mar 2022 | £186,527 | £180,000 | 36 ALDFIELD ROAD |
| 28 Feb 2022 | £361,800 | £345,000 | 6 MESHAW CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 25 Jun 2012. Using an estimated price of £173,485 means this house is valued at £1,949 per sq meter (£181 per sq foot).