£203,506
This estimated value is based upon the latest sale price for the house of £165,000 on 1 Jul 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 |
|---|---|
| £165,000 | 1 Jul 2019 |
| £95,000 | 17 Sep 2004 |
| £35,000 | 15 Feb 2002 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £165,000 results in an estimated price of approximately £203,506.
| 1 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £165,000 | £38,506 | £203,506 |
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 | -54.741 % | £-90,323 | £74,676 |
| 3 Month Average | -31.163 % | £-51,418 | £113,581 |
| 6 Month Average | -9.764 % | £-16,110 | £148,889 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £121,803 | £120,000 | 27 HECTOR ROAD |
| 7 Nov 2023 | £220,261 | £217,000 | 22 NORBURN ROAD |
| 1 Nov 2023 | £263,907 | £260,000 | 27 MENTOR STREET |
| 12 Jun 2023 | £167,023 | £165,000 | 2 MELLER ROAD |
| 20 Jan 2023 | £204,039 | £205,000 | 8 NORBURN ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 17 Sep 2018. Using an estimated price of £203,507 means this house is valued at £1,975 per sq meter (£183 per sq foot).
The average size of a house on MELLER ROAD is 111 sq meters (1,201 sq feet).