£184,038
This estimated value is based upon the latest sale price for the house of £149,995 on 19 Sep 2019. 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 |
---|---|
£149,995 | 19 Sep 2019 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £149,995 results in an estimated price of approximately £184,038.
19 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.696 % | £149,995 | £34,043 | £184,038 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 244.546 % | £366,807 | £516,802 |
3 Month Average | 23.744 % | £35,615 | £185,610 |
6 Month Average | 26.596 % | £39,892 | £189,887 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £198,473 | £195,000 | 7 FRENCH BARN LANE |
30 Jun 2023 | £190,305 | £188,000 | 10 COBBLE BANK |
19 Jun 2023 | £99,202 | £98,000 | APARTMENT 3 73 OLD MARKET STREET |
1 Mar 2023 | £219,064 | £217,000 | 30 OAKWORTH STREET |
17 Feb 2023 | £169,886 | £170,000 | 20 COBBLE BANK |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 29 Oct 2018. Using an estimated price of £184,038 means this house is valued at £2,629 per sq meter (£244 per sq foot).
The average size of a house on COBBLE BANK is 68 sq meters (740 sq feet).