£296,446
This estimated value is based upon the latest sale price for the house of £180,000 on 23 Aug 2013. 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 |
|---|---|
| £180,000 | 23 Aug 2013 |
| £205,000 | 11 Aug 2006 |
| £135,000 | 25 Nov 2005 |
| £58,000 | 9 Sep 1997 |
| Semi-Detached |
| Freehold |
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 89.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 64.692%.Applying this 64.692% change to the original purchase price of £180,000 results in an estimated price of approximately £296,446.
| 23 Aug 2013 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.0 | 64.692 % | £180,000 | £116,446 | £296,446 |
The Postcode Pricing Model uses changes in average sales price within the M27 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 | 17.251 % | £31,051 | £211,051 |
| 3 Month Average | 88.367 % | £159,059 | £339,059 |
| 6 Month Average | 78.139 % | £140,649 | £320,649 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £220,000 | £220,000 | FLAT 2 RED HOUSE, 78 MANCHESTER ROAD |
| 13 Nov 2023 | £212,731 | £210,000 | 149A MANCHESTER ROAD |
| 11 Jul 2023 | £206,958 | £205,000 | FLAT 9 RED HOUSE, 78 MANCHESTER ROAD |
| 13 Jun 2023 | £63,515 | £63,000 | 78 MANCHESTER ROAD |
| 27 Feb 2023 | £199,059 | £200,000 | FLAT 12 RED HOUSE, 78 MANCHESTER ROAD |