£210,423
This estimated value is based upon the latest sale price for the house of £135,000 on 22 Jan 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 |
---|---|
£135,000 | 22 Jan 2008 |
£92,000 | 1 Dec 2003 |
£27,000 | 21 Mar 2001 |
Terraced |
Leasehold |
Floor Area: 71 sq meters or 764 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 January 2008 the House Price Index for GREATER MANCHESTER was 95.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.870%.Applying this 55.870% change to the original purchase price of £135,000 results in an estimated price of approximately £210,423.
22 Jan 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.3 | 148.6 | 55.870 % | £135,000 | £75,423 | £210,423 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 24.791 % | £33,467 | £168,467 |
3 Month Average | 53.354 % | £72,027 | £207,027 |
6 Month Average | 62.244 % | £84,029 | £219,029 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £223,306 | £220,000 | 162 HEALD PLACE |
8 Sep 2023 | £196,098 | £193,591 | 2 LOWESTOFT STREET |
17 Feb 2023 | £239,839 | £240,000 | 2 REDRUTH STREET |
15 Feb 2023 | £216,854 | £217,000 | 158 HEALD PLACE |
14 Oct 2022 | £219,635 | £222,000 | 12 REDRUTH STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 27 Jun 2018. Using an estimated price of £210,424 means this house is valued at £2,963 per sq meter (£275 per sq foot).
The average size of a house on REDRUTH STREET is 78 sq meters (841 sq feet).