£257,316
This estimated value is based upon the latest sale price for the house of £187,500 on 22 Jan 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 |
---|---|
£187,500 | 22 Jan 2016 |
£141,950 | 4 Mar 2004 |
£76,000 | 2 Nov 2001 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 January 2016 the House Price Index for GREATER MANCHESTER was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £187,500 results in an estimated price of approximately £257,316.
22 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 148.6 | 37.235 % | £187,500 | £69,816 | £257,316 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 104.663 % | £196,242 | £383,742 |
3 Month Average | 38.903 % | £72,942 | £260,442 |
6 Month Average | 55.015 % | £103,152 | £290,652 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £316,547 | £312,500 | 14 LINDSAY ROAD |
29 Nov 2022 | £249,972 | £253,000 | 8 GRANGETHORPE DRIVE |
28 Apr 2022 | £380,511 | £369,500 | 5 BRIGHTON AVENUE |
3 Dec 2021 | £271,058 | £253,000 | 6 BURNAGE HALL ROAD |
24 Nov 2021 | £376,908 | £348,500 | 24 GRANGETHORPE DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 14 Jan 2016. Using an estimated price of £257,316 means this house is valued at £2,891 per sq meter (£268 per sq foot).
The average size of a house on LINDSAY ROAD is 106 sq meters (1,145 sq feet).