£258,584
This estimated value is based upon the latest sale price for the house of £225,000 on 20 Jul 2021. 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 |
|---|---|
| £225,000 | 20 Jul 2021 |
| £155,000 | 12 Mar 2007 |
| £54,950 | 24 May 2002 |
| Semi-Detached |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 2021 the House Price Index for GREATER MANCHESTER was 129.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.927%.Applying this 14.927% change to the original purchase price of £225,000 results in an estimated price of approximately £258,584.
| 20 Jul 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.6 | 14.927 % | £225,000 | £33,584 | £258,584 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 3.601 % | £8,102 | £233,102 |
| 3 Month Average | 18.857 % | £42,428 | £267,428 |
| 6 Month Average | 28.120 % | £63,270 | £288,270 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £314,015 | £310,000 | 27 CEDRIC ROAD |
| 27 Jul 2023 | £165,224 | £163,000 | FLAT 2 HAVERSHAM COURT MIDDLETON ROAD |
| 9 Jun 2022 | £248,512 | £245,000 | 9 EDILOM ROAD |
| 16 May 2022 | £277,733 | £272,500 | 44 CEDRIC ROAD |
| 29 Apr 2022 | £293,493 | £285,000 | 12 CEDRIC ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 7 Jul 2020. Using an estimated price of £258,585 means this house is valued at £3,232 per sq meter (£300 per sq foot).
The average size of a house on CEDRIC ROAD is 98 sq meters (1,060 sq feet).