Full Address

M7 4AS

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Transactions for this house
Price PaidDate
£232,95030 Aug 2013
House Details

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 Dec 2019 is 131.5 which is a change of 41.247%.

Applying this 41.247% change to the original purchase price of £232,950 gives us an estimated price now of around £329,034.

30 Aug 2013 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
93.1 131.5 41.247 % £232,950 £96,084 £329,034

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 -6.780 % £-15,794 £217,155
3 Month Average 49.393 % £115,061 £348,011
6 Month Average 30.878 % £71,930 £304,880

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 May 2020 the average sale price for the 1 nearest sales was £220,000. This is a change of 119.080%.

So taking the original purchase price of £232,950 and adjusting it by 119.080% gives an estimated price of £510,346.

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 28 May 2020 % change Purchase Price Gain / Loss Estimated Price
£100,420 £220,000 119.080 % £232,950 £277,396 £510,346
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
1 Nov 2019 £180,181 £180,000 48 LEICESTER ROAD
17 May 2019 £191,353 £185,000 22 HEATON STREET
20 Dec 2018 £154,823 £150,000 42 HEATON STREET
13 Dec 2018 £289,003 £280,000 13 CLEVELEYS GROVE
1 May 2018 £140,390 £130,000 27 BRISTOL STREET

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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