£131,999
This estimated value is based upon the latest sale price for the house of £77,500 on 2 Feb 2010. 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 |
|---|---|
| £77,500 | 2 Feb 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 516 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 February 2010 the House Price Index for GREATER MANCHESTER was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.322%.Applying this 70.322% change to the original purchase price of £77,500 results in an estimated price of approximately £131,999.
| 2 Feb 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.322 % | £77,500 | £54,499 | £131,999 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 87.464 % | £67,784 | £145,284 |
| 3 Month Average | 85.814 % | £66,505 | £144,005 |
| 6 Month Average | 87.881 % | £68,108 | £145,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £268,432 | £265,000 | 98 HOYLAKE ROAD |
| 12 Jul 2023 | £177,387 | £175,000 | 89 HOYLAKE ROAD |
| 16 Jun 2023 | £311,270 | £307,500 | 438 NORRIS ROAD |
| 2 Jun 2023 | £268,249 | £265,000 | 4 BEBBINGTON CLOSE |
| 28 Apr 2023 | £269,148 | £266,250 | 123 HOYLAKE ROAD |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 12 Feb 2016. Using an estimated price of £132,000 means this house is valued at £2,750 per sq meter (£255 per sq foot).
The average size of a house on NORRIS ROAD is 102 sq meters (1,107 sq feet).