£213,233
This estimated value is based upon the latest sale price for the house of £167,000 on 15 Sep 2017. 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 |
---|---|
£167,000 | 15 Sep 2017 |
Semi-Detached |
Leasehold |
Floor Area: 82 sq meters or 882 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 2017 the House Price Index for GREATER MANCHESTER was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £167,000 results in an estimated price of approximately £213,233.
15 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £167,000 | £46,233 | £213,233 |
The Postcode Pricing Model uses changes in average sales price within the M13 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 | -2.127 % | £-3,551 | £163,448 |
3 Month Average | 25.112 % | £41,937 | £208,937 |
6 Month Average | 33.391 % | £55,763 | £222,763 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2023 | £285,337 | £280,000 | 12 ASH GROVE |
23 Feb 2023 | £95,639 | £95,000 | 1A GRETON CLOSE |
27 Sep 2022 | £294,803 | £295,000 | 8 AYTON GROVE |
4 Apr 2022 | £248,981 | £240,000 | 5 ALWYN DRIVE |
20 Dec 2021 | £226,655 | £210,000 | 10 PINE GROVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 1 Jun 2017. Using an estimated price of £213,234 means this house is valued at £2,600 per sq meter (£241 per sq foot).
The average size of a house on CLARENCE ROAD is 102 sq meters (1,101 sq feet).