Full Address

418 MANCHESTER ROAD EAST
LITTLE HULTON
MANCHESTER
GREATER MANCHESTER
UNITED KINGDOM
M38 9WH

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Transactions for this house
Price PaidDate
£32,0009 Jul 1997
£11,25013 Oct 1995
House Details
Terraced
Leasehold

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 July 1997 the House Price Index for GREATER MANCHESTER was 32.5.

The House Price Index as of 1 Dec 2019 is 131.5 which is a change of 304.888%.

Applying this 304.888% change to the original purchase price of £32,000 gives us an estimated price now of around £129,564.

9 Jul 1997 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
32.5 131.5 304.888 % £32,000 £97,564 £129,564

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 378.860 % £121,235 £153,235
3 Month Average 344.138 % £110,124 £142,124
6 Month Average 313.526 % £100,328 £132,328

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

In July 1997 the average sale price for the 50 nearest sales within two miles of 418 MANCHESTER ROAD EAST was £39,583.

In February 2020 the average sale price for the 50 nearest sales was £116,241. This is a change of 193.665%.

So taking the original purchase price of £32,000 and adjusting it by 193.665% gives an estimated price of £93,972.

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

Average price on 9 Jul 1997 Average price on 27 Feb 2020 % change Purchase Price Gain / Loss Estimated Price
£39,583 £116,241 193.665 % £32,000 £61,972 £93,972
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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