£166,361
This estimated value is based upon the latest sale price for the house of £135,000 on 10 Oct 2018. 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 |
|---|---|
| £135,000 | 10 Oct 2018 |
| Semi-Detached |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 October 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £135,000 results in an estimated price of approximately £166,361.
| 10 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £135,000 | £31,361 | £166,361 |
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 | 45.091 % | £60,872 | £195,872 |
| 3 Month Average | 63.224 % | £85,353 | £220,353 |
| 6 Month Average | 85.684 % | £115,672 | £250,672 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £216,897 | £215,000 | 65 MOOR LANE |
| 16 Mar 2023 | £249,349 | £247,000 | 10 SURTEES ROAD |
| 4 Nov 2022 | £157,097 | £159,000 | APARTMENT 39 169 SALE ROAD |
| 8 Sep 2022 | £158,718 | £160,000 | APARTMENT 26 169 SALE ROAD |
| 15 Jul 2022 | £280,956 | £280,200 | 203 SALE ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 5 Jun 2018. Using an estimated price of £166,362 means this house is valued at £3,539 per sq meter (£328 per sq foot).
There is one other house on the street which we know the size of, this is 9 SURTEES ROAD it is 44.0