£101,873
This estimated value is based upon the latest sale price for the house of £23,000 on 21 May 1999. 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 |
|---|---|
| £23,000 | 21 May 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 May 1999 the House Price Index for GREATER MANCHESTER was 33.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 342.927%.Applying this 342.927% change to the original purchase price of £23,000 results in an estimated price of approximately £101,873.
| 21 May 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 148.6 | 342.927 % | £23,000 | £78,873 | £101,873 |
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 | 749.129 % | £172,299 | £195,299 |
| 3 Month Average | 428.824 % | £98,629 | £121,629 |
| 6 Month Average | 408.602 % | £93,978 | £116,978 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £169,974 | £167,000 | 14 ALWORTH ROAD |
| 4 Aug 2023 | £175,031 | £173,500 | 49 COOPER LANE |
| 3 Feb 2023 | £169,886 | £170,000 | 23 COOPER LANE |
| 27 Jan 2023 | £169,203 | £170,000 | 53 COOPER LANE |
| 13 Jan 2023 | £2,985,934 | £3,000,000 | GOOD SHEPHERD CONVENT, 114 CHAIN ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 2 Dec 2013. Using an estimated price of £101,873 means this house is valued at £1,414 per sq meter (£131 per sq foot).
There is one other house on the street which we know the size of, this is 15 KILBURN AVENUE it is 66.0