£195,869
This estimated value is based upon the latest sale price for the house of £115,000 on 6 Sep 2006. 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 |
|---|---|
| £115,000 | 6 Sep 2006 |
| £88,000 | 1 Nov 2004 |
| £26,000 | 30 Mar 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 925 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 2006 the House Price Index for GREATER MANCHESTER was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £115,000 results in an estimated price of approximately £195,869.
| 6 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £115,000 | £80,869 | £195,869 |
The Postcode Pricing Model uses changes in average sales price within the M23 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 | 100.685 % | £115,787 | £230,787 |
| 3 Month Average | 93.789 % | £107,857 | £222,857 |
| 6 Month Average | 102.441 % | £117,807 | £232,807 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £237,881 | £235,000 | 1 SOUTHWICK ROAD |
| 2 Jun 2023 | £253,065 | £250,000 | 13 MAINWARING TERRACE |
| 24 Mar 2023 | £168,588 | £167,000 | 20 FELL PARK ROAD |
| 4 Oct 2022 | £309,171 | £312,500 | 22 FELL PARK ROAD |
| 31 Aug 2022 | £314,154 | £315,000 | 6 MAINWARING TERRACE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 27 Jan 2015. Using an estimated price of £195,869 means this house is valued at £2,277 per sq meter (£211 per sq foot).
The average size of a house on STORTFORD DRIVE is 104 sq meters (1,125 sq feet).