£245,732
This estimated value is based upon the latest sale price for the house of £149,500 on 31 Jul 2008. 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 |
|---|---|
| £149,500 | 31 Jul 2008 |
| Semi-Detached |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 2008 the House Price Index for GREATER MANCHESTER was 90.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.370%.Applying this 64.370% change to the original purchase price of £149,500 results in an estimated price of approximately £245,732.
| 31 Jul 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 148.6 | 64.370 % | £149,500 | £96,232 | £245,732 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | 47.055 % | £70,347 | £219,847 |
| 3 Month Average | 43.000 % | £64,285 | £213,785 |
| 6 Month Average | 67.187 % | £100,445 | £249,945 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £213,740 | £210,000 | 31 SARNESFIELD CLOSE |
| 29 Nov 2023 | £385,710 | £380,000 | 21 VICTORIA TERRACE |
| 15 Aug 2023 | £242,118 | £240,000 | 7 THORALBY CLOSE |
| 15 Mar 2023 | £353,329 | £350,000 | 1 PEEL GROVE |
| 6 May 2022 | £275,185 | £270,000 | 6 VICTORIA TERRACE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 26 Nov 2013. Using an estimated price of £245,733 means this house is valued at £2,559 per sq meter (£237 per sq foot).
The average size of a house on ALBERT GROVE is 169 sq meters (1,827 sq feet).