Full Address

410 - 414 MANCHESTER ROAD EAST
LITTLE HULTON
MANCHESTER
GREATER MANCHESTER
UNITED KINGDOM
M38 9WH

Estimated Market Value

£35,360

This estimated value is based upon the latest sale price for the house of £8,250 on 10 Feb 1995. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER1

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Transactions for this house
Price PaidDate
£8,25010 Feb 1995
House Details
Terraced
Freehold

House Price Models

Land Registry House Price Index Model

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 February 1995 the House Price Index for GREATER MANCHESTER was 30.7.

The House Price Index as of 1 Dec 2019 is 131.5 which is a change of 328.612%.

Applying this 328.612% change to the original purchase price of £8,250 gives us an estimated price now of around £35,360.

10 Feb 1995 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
30.7 131.5 328.612 % £8,250 £27,110 £35,360

The Postcode Pricing Model uses changes in average sales price within the M38 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 793.185 % £65,437 £73,687
3 Month Average 379.326 % £31,294 £39,544
6 Month Average 332.117 % £27,399 £35,649

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In February 1995 the average sale price for the 50 nearest sales within two miles of 410 - 414 MANCHESTER ROAD EAST was £47,234.

In February 2020 the average sale price for the 50 nearest sales was £116,241. This is a change of 146.097%.

So taking the original purchase price of £8,250 and adjusting it by 146.097% gives an estimated price of £20,303.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 10 Feb 1995 Average price on 27 Feb 2020 % change Purchase Price Gain / Loss Estimated Price
£47,234 £116,241 146.097 % £8,250 £12,053 £20,303
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
27 Sep 2019 £57,580 £57,000 26 CRESTFOLD
16 Aug 2019 £126,653 £125,000 60 CONISTON AVENUE
19 Jul 2019 £116,951 £115,000 1 CORRIE STREET
24 May 2019 £124,638 £120,500 53 MOUNT SKIP LANE
30 Apr 2019 £364,297 £350,000 GALLAGHER HOUSE, 18 SMITHFOLD LANE

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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