£205,900
This estimated value is based upon the latest sale price for the house of £155,000 on 16 Sep 2016. 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 |
|---|---|
| £155,000 | 16 Sep 2016 |
| £125,000 | 20 Apr 2007 |
| £49,700 | 27 Aug 1995 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 September 2016 the House Price Index for GREATER MANCHESTER was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £155,000 results in an estimated price of approximately £205,900.
| 16 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £155,000 | £50,900 | £205,900 |
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 | 40.759 % | £63,176 | £218,176 |
| 3 Month Average | 37.762 % | £58,530 | £213,530 |
| 6 Month Average | 40.854 % | £63,324 | £218,324 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £502,439 | £495,000 | 60 MANOR AVENUE |
| 28 Jun 2023 | £227,759 | £225,000 | 65 EPPING DRIVE |
| 10 Jan 2023 | £338,406 | £340,000 | 8 PALM CLOSE |
| 20 Dec 2021 | £126,423 | £118,000 | 8 HYDRANGEA CLOSE |
| 26 Nov 2021 | £259,563 | £240,000 | 60 EPPING DRIVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 25 Sep 2014. Using an estimated price of £205,901 means this house is valued at £2,606 per sq meter (£242 per sq foot).
The average size of a house on PALM CLOSE is 114 sq meters (1,237 sq feet).
This house is the smallest in the street with a floor area of 79 sq meters (850 sq feet).