£205,000
This estimated value is based upon the latest sale price for the house of £160,000 on 30 Jun 2017. 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 |
|---|---|
| £160,000 | 30 Jun 2017 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 June 2017 the House Price Index for GREATER MANCHESTER was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £160,000 results in an estimated price of approximately £205,000.
| 30 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £160,000 | £45,000 | £205,000 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 14.944 % | £23,910 | £183,910 |
| 3 Month Average | 35.327 % | £56,522 | £216,522 |
| 6 Month Average | 51.726 % | £82,761 | £242,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £289,283 | £285,000 | 46 TOTNES ROAD |
| 14 Aug 2023 | £287,515 | £285,000 | 45 SIDMOUTH ROAD |
| 13 Feb 2023 | £244,835 | £245,000 | 22 TAVISTOCK ROAD |
| 28 Oct 2022 | £262,177 | £265,000 | 1 PLYMOUTH ROAD |
| 8 Sep 2022 | £274,781 | £277,000 | 19 TAVISTOCK ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 1 Feb 2017. Using an estimated price of £205,001 means this house is valued at £2,594 per sq meter (£241 per sq foot).
The average size of a house on EXMOUTH ROAD is 84 sq meters (906 sq feet).