£187,549
This estimated value is based upon the latest sale price for the house of £175,055 on 6 Dec 2021. 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 |
|---|---|
| £175,055 | 6 Dec 2021 |
| £32,000 | 30 Jun 2000 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 December 2021 the House Price Index for GREATER MANCHESTER was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £175,055 results in an estimated price of approximately £187,549.
| 6 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £175,055 | £12,494 | £187,549 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | -22.492 % | £-39,372 | £135,682 |
| 3 Month Average | -16.474 % | £-28,837 | £146,217 |
| 6 Month Average | 5.454 % | £9,547 | £184,602 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £126,619 | £125,000 | APARTMENT 5 2A SOPWITH DRIVE |
| 23 Jan 2023 | £246,489 | £247,650 | 45 BETHNALL DRIVE |
| 15 Aug 2022 | £423,859 | £425,000 | 9 BIRCHINGTON ROAD |
| 28 Jan 2022 | £231,530 | £220,000 | 11 BETHNALL DRIVE |
| 28 Jan 2022 | £212,639 | £202,050 | 5 BETHNALL DRIVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 18 Feb 2015. Using an estimated price of £187,550 means this house is valued at £2,374 per sq meter (£220 per sq foot).
The average size of a house on LYSANDER CLOSE is 126 sq meters (1,356 sq feet).