£259,423
This estimated value is based upon the latest sale price for the house of £143,750 on 21 Aug 2009. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
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Price Paid | Date |
---|---|
£143,750 | 21 Aug 2009 |
Terraced |
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 August 2009 the House Price Index for GREATER MANCHESTER was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £143,750 results in an estimated price of approximately £259,423.
21 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.3 | 148.6 | 80.468 % | £143,750 | £115,673 | £259,423 |
The Postcode Pricing Model uses changes in average sales price within the M11 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 | 59.923 % | £86,139 | £229,889 |
3 Month Average | 68.955 % | £99,122 | £242,872 |
6 Month Average | 105.767 % | £152,039 | £295,789 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2022 | £174,092 | £168,000 | 73 TOXTETH STREET |
7 Jan 2022 | £22,101 | £21,000 | COMMUNICATIONS HOUSE, 126 - 146 FAIRFIELD ROAD |
5 Nov 2021 | £199,053 | £184,050 | 1 ANILINE STREET |
11 Dec 2020 | £235,276 | £204,995 | 52 SILVERLACE AVENUE |
4 Dec 2020 | £286,923 | £249,995 | 50 SILVERLACE AVENUE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 30 Nov 2009. Using an estimated price of £259,423 means this house is valued at £2,701 per sq meter (£251 per sq foot).
The average size of a house on SILVERLACE AVENUE is 95 sq meters (1,023 sq feet).