£8,079
This estimated value is based upon the latest sale price for the house of £6,495 on 27 Jun 2018. 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 |
---|---|
£6,495 | 27 Jun 2018 |
£245,000 | 18 Apr 2018 |
£180,000 | 10 Aug 2012 |
£138,350 | 28 Nov 2003 |
Freehold |
Floor Area: 67 sq meters or 727 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 June 2018 the House Price Index for GREATER MANCHESTER was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £6,495 results in an estimated price of approximately £8,079.
27 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 148.6 | 24.394 % | £6,495 | £1,584 | £8,079 |
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 | 24.166 % | £1,569 | £8,064 |
3 Month Average | 41.198 % | £2,675 | £9,170 |
6 Month Average | 34.854 % | £2,263 | £8,758 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £230,012 | £228,000 | 29 BELGRAVE ROAD |
16 Jun 2023 | £242,943 | £240,000 | 24 BELGRAVE ROAD |
22 Feb 2023 | £314,788 | £315,000 | 18 SIMONS CLOSE |
30 Jan 2023 | £263,758 | £265,000 | 21 BELGRAVE ROAD |
27 Jan 2023 | £303,570 | £305,000 | 40 HAMPDEN ROAD |
This house has a floor area of 67 sq meters or 727 sq feet when measured on 14 Feb 2012. Using an estimated price of £8,079 means this house is valued at £119 per sq meter (£11 per sq foot).
The average size of a house on HAMPDEN ROAD is 81 sq meters (879 sq feet).