£223,501
This estimated value is based upon the latest sale price for the house of £168,250 on 2 Sep 2016. 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 |
---|---|
£168,250 | 2 Sep 2016 |
Semi-Detached |
Freehold |
Floor Area: 112 sq meters or 1,205 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 September 2016 the House Price Index for GREATER MANCHESTER was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £168,250 results in an estimated price of approximately £223,501.
2 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £168,250 | £55,251 | £223,501 |
The Postcode Pricing Model uses changes in average sales price within the M16 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 | -0.853 % | £-1,434 | £166,815 |
3 Month Average | 34.221 % | £57,577 | £225,827 |
6 Month Average | 37.890 % | £63,750 | £232,000 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £286,745 | £282,500 | 22 SMALLDALE AVENUE |
23 Jun 2023 | £141,717 | £140,000 | FLAT 7 26A QUINNEY CRESCENT |
3 Feb 2023 | £149,894 | £149,995 | FLAT 9 26A QUINNEY CRESCENT |
5 Aug 2022 | £324,128 | £325,000 | 31 SMALLDALE AVENUE |
6 May 2022 | £237,475 | £233,000 | 72 RABY STREET |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 24 Jul 2015. Using an estimated price of £223,502 means this house is valued at £1,995 per sq meter (£185 per sq foot).
There is one other house on the street which we know the size of, this is 4 FAIRMAN STREET it is 88.0