£344,731
This estimated value is based upon the latest sale price for the house of £287,500 on 19 Aug 2020. 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 |
|---|---|
| £287,500 | 19 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 August 2020 the House Price Index for GREATER MANCHESTER was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £287,500 results in an estimated price of approximately £344,731.
| 19 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £287,500 | £57,231 | £344,731 |
The Postcode Pricing Model uses changes in average sales price within the M4 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 | 14.020 % | £40,308 | £327,808 |
| 3 Month Average | 2.776 % | £7,979 | £295,479 |
| 6 Month Average | -0.668 % | £-1,921 | £285,578 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Feb 2022 | £544,692 | £519,400 | 1 GUEST STREET |
| 8 Feb 2022 | £508,617 | £485,000 | 25 GUEST STREET |
| 3 Feb 2022 | £555,808 | £530,000 | 33 GUEST STREET |
| 17 Dec 2021 | £192,848 | £180,000 | 151 OLD MILL STREET |
| 10 Dec 2021 | £565,151 | £527,500 | 27 GUEST STREET |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 26 Feb 2020. Using an estimated price of £344,731 means this house is valued at £2,410 per sq meter (£223 per sq foot).
There is one other house on the street which we know the size of, this is 33 PIERCY STREET it is 143.0