£138,820
This estimated value is based upon the latest sale price for the house of £110,000 on 2 Oct 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 |
---|---|
£110,000 | 2 Oct 2017 |
Terraced |
Freehold |
Floor Area: 199 sq meters or 2,142 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 October 2017 the House Price Index for GREATER MANCHESTER was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £110,000 results in an estimated price of approximately £138,820.
2 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.6 | 26.200 % | £110,000 | £28,820 | £138,820 |
The Postcode Pricing Model uses changes in average sales price within the M5 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 | 78.056 % | £85,861 | £195,861 |
3 Month Average | 45.227 % | £49,749 | £159,749 |
6 Month Average | 25.674 % | £28,241 | £138,241 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2023 | £181,712 | £180,000 | 3 ANNIE STREET |
9 Aug 2022 | £239,356 | £240,000 | 7 LOSTOCK ROAD |
30 Jun 2022 | £157,222 | £155,000 | 11 ANNIE STREET |
30 May 2022 | £254,801 | £250,000 | 13 LOSTOCK ROAD |
29 Apr 2022 | £213,683 | £207,500 | 105 DERBY ROAD |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 19 Oct 2020. Using an estimated price of £138,820 means this house is valued at £697 per sq meter (£64 per sq foot).
The average size of a house on DERBY ROAD is 104 sq meters (1,127 sq feet).
This house is the largest in the street with a floor area of 199 sq meters (2,142 sq feet).