£288,229
This estimated value is based upon the latest sale price for the house of £230,000 on 8 Mar 2018. 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 |
|---|---|
| £230,000 | 8 Mar 2018 |
| £173,000 | 10 Jun 2005 |
| £71,950 | 9 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 March 2018 the House Price Index for GREATER MANCHESTER was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £230,000 results in an estimated price of approximately £288,229.
| 8 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £230,000 | £58,229 | £288,229 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 10.507 % | £24,166 | £254,166 |
| 3 Month Average | 18.028 % | £41,464 | £271,464 |
| 6 Month Average | 38.476 % | £88,494 | £318,494 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £359,843 | £355,000 | 59 CHURCH LANE |
| 12 Jul 2023 | £273,683 | £270,000 | 18 FIELD ROAD |
| 28 Mar 2023 | £358,376 | £355,000 | 18 CHURCH LANE |
| 9 Jan 2023 | £248,828 | £250,000 | 43 CHURCH LANE |
| 15 Jul 2022 | £111,801 | £111,500 | FLAT 14 CHAPEL COURT GREEN LANE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 24 Nov 2017. Using an estimated price of £288,229 means this house is valued at £3,843 per sq meter (£357 per sq foot).
The average size of a house on CHURCH LANE is 112 sq meters (1,209 sq feet).