Full Address

5 LEICESTER ROAD
SALFORD
GREATER MANCHESTER
UNITED KINGDOM
M7 4AS

Estimated Market Value

£319,697

This estimated value is based upon the latest sale price for the house of £232,950 on 30 Aug 2013. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER1

Is this your house?

Get our free house price tracker.

Map

Map other sales near here

Transactions for this house
Price PaidDate
£232,95030 Aug 2013
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 August 2013 the House Price Index for GREATER MANCHESTER was 93.1.

The House Price Index as of 1 Jun 2019 is 127.7 which is a change of 37.239%.

Applying this 37.239% change to the original purchase price of £232,950 gives us an estimated price now of around £319,697.

30 Aug 2013 1 Jun 2019 % change Purchase Price Gain / Loss Estimated Price
93.1 127.7 37.239 % £232,950 £86,747 £319,697

The Postcode Pricing Model uses changes in average sales price within the M7 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 2.182 % £5,083 £238,033
3 Month Average 41.893 % £97,589 £330,539
6 Month Average 30.052 % £70,006 £302,956

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

In August 2013 the average sale price for the 50 nearest sales within two miles of 5 LEICESTER ROAD was £100,420.

In October 2019 the average sale price for the 50 nearest sales was £165,689. This is a change of 64.996%.

So taking the original purchase price of £232,950 and adjusting it by 64.996% gives an estimated price of £384,359.

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

Average price on 30 Aug 2013 Average price on 31 Oct 2019 % change Purchase Price Gain / Loss Estimated Price
£100,420 £165,689 64.996 % £232,950 £151,409 £384,359
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
17 May 2019 £186,171 £185,000 22 HEATON STREET
17 Jan 2019 £211,092 £210,000 3 NORMAN ROAD
20 Dec 2018 £150,448 £150,000 42 HEATON STREET
17 Dec 2018 £236,705 £236,000 78 LEICESTER ROAD
13 Dec 2018 £280,837 £280,000 13 CLEVELEYS GROVE

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.

Free Price Tracker

  • Receive an alert email on any changes which could affect the price of 5 LEICESTER ROAD
  • Alert when a neighbour's house has been sold
  • Warning when burglaries and other crimes occur in the neighbourhood
  • Our email alert is totally free and can be easily canceled at anytime