£499,516
This estimated value is based upon the latest sale price for the house of £405,000 on 26 Jul 2019. 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 |
|---|---|
| £405,000 | 26 Jul 2019 |
| £86,500 | 27 Oct 1995 |
| Terraced |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 July 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £405,000 results in an estimated price of approximately £499,516.
| 26 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £405,000 | £94,516 | £499,516 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 4.565 % | £18,486 | £423,486 |
| 3 Month Average | 9.807 % | £39,717 | £444,717 |
| 6 Month Average | 17.425 % | £70,569 | £475,569 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £450,763 | £445,000 | 40 LIDGATE GROVE |
| 30 Aug 2023 | £504,917 | £500,500 | 36 LIDGATE GROVE |
| 19 Jun 2023 | £344,230 | £340,060 | 23 CHURCHWOOD ROAD |
| 31 Mar 2023 | £454,280 | £450,000 | 7 CHURCHWOOD ROAD |
| 7 Mar 2023 | £529,993 | £525,000 | 49 WHITECHAPEL STREET |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 11 Jun 2018. Using an estimated price of £499,517 means this house is valued at £4,306 per sq meter (£400 per sq foot).
The average size of a house on WHITECHAPEL STREET is 87 sq meters (938 sq feet).