£197,845
This estimated value is based upon the latest sale price for the house of £165,000 on 13 Aug 2020. 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 |
|---|---|
| £165,000 | 13 Aug 2020 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2020 the House Price Index for GREATER MANCHESTER was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £165,000 results in an estimated price of approximately £197,845.
| 13 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £165,000 | £32,845 | £197,845 |
The Postcode Pricing Model uses changes in average sales price within the M23 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 | 16.111 % | £26,583 | £191,583 |
| 3 Month Average | 24.089 % | £39,746 | £204,746 |
| 6 Month Average | 43.969 % | £72,549 | £237,549 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £202,590 | £200,000 | 72 WESTAGE GARDENS |
| 4 Jul 2023 | £187,524 | £185,000 | 166 ROYAL OAK ROAD |
| 28 Apr 2023 | £232,503 | £230,000 | 44 BROOKCOT ROAD |
| 9 Mar 2023 | £222,092 | £220,000 | 9 RYECROFT GROVE |
| 9 Sep 2022 | £238,077 | £240,000 | 649 ALTRINCHAM ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 28 Oct 2019. Using an estimated price of £197,846 means this house is valued at £2,826 per sq meter (£262 per sq foot).
The average size of a house on SPARK ROAD is 86 sq meters (934 sq feet).