£211,610
This estimated value is based upon the latest sale price for the house of £38,000 on 10 May 1995. 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 |
|---|---|
| £38,000 | 10 May 1995 |
| Terraced |
| Freehold |
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 1995 the House Price Index for GREATER MANCHESTER was 26.4.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 456.870%.Applying this 456.870% change to the original purchase price of £38,000 results in an estimated price of approximately £211,610.
| 10 May 1995 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 147.0 | 456.870 % | £38,000 | £173,610 | £211,610 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | 207.418 % | £78,818 | £116,818 |
| 3 Month Average | 518.539 % | £197,045 | £235,045 |
| 6 Month Average | 510.315 % | £193,919 | £231,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Dec 2021 | £476,585 | £450,000 | 49 LEICESTER ROAD |
| 3 Dec 2021 | £360,086 | £340,000 | 53 LEICESTER ROAD |
| 2 Oct 2020 | £232,090 | £200,000 | 104 NORTHUMBERLAND STREET |
| 19 Aug 2020 | £355,847 | £300,000 | 8 CLEVELEYS GROVE |
| 27 Apr 2020 | £449,314 | £370,000 | 49 ASHBOURNE GROVE |