£268,744
This estimated value is based upon the latest sale price for the house of £163,500 on 31 Jul 2008. 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 |
---|---|
£163,500 | 31 Jul 2008 |
£111,000 | 16 Aug 2004 |
£111,000 | 16 Aug 2004 |
£59,500 | 10 Dec 2002 |
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 July 2008 the House Price Index for GREATER MANCHESTER was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £163,500 results in an estimated price of approximately £268,744.
31 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 148.6 | 64.370 % | £163,500 | £105,244 | £268,744 |
The Postcode Pricing Model uses changes in average sales price within the M13 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 | -13.124 % | £-21,457 | £142,042 |
3 Month Average | 5.150 % | £8,420 | £171,920 |
6 Month Average | 39.615 % | £64,769 | £228,269 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2023 | £232,188 | £230,000 | 83 HAMILTON ROAD |
27 Jan 2023 | £194,086 | £195,000 | 17 SLADE GROVE |
27 May 2022 | £45,864 | £45,000 | UNIT 1A STAMFORD ROAD |
23 May 2022 | £173,265 | £170,000 | 44 PORTLAND ROAD |
16 May 2022 | £137,593 | £135,000 | 38 SLADE GROVE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 4 Sep 2013. Using an estimated price of £268,745 means this house is valued at £2,634 per sq meter (£244 per sq foot).
The average size of a house on PORTLAND ROAD is 103 sq meters (1,109 sq feet).