£175,408
This estimated value is based upon the latest sale price for the house of £142,000 on 20 Feb 2019. 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 |
|---|---|
| £142,000 | 20 Feb 2019 |
| £39,000 | 15 Sep 2000 |
| Terraced |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 February 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £142,000 results in an estimated price of approximately £175,408.
| 20 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £142,000 | £33,408 | £175,408 |
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 | -9.570 % | £-13,589 | £128,410 |
| 3 Month Average | 6.922 % | £9,828 | £151,828 |
| 6 Month Average | -11.997 % | £-17,036 | £124,963 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Feb 2023 | £194,869 | £195,000 | 118 HORTON ROAD |
| 5 Aug 2022 | £185,999 | £186,500 | 90 THORNTON ROAD |
| 6 Jul 2022 | £192,518 | £192,000 | 150 HORTON ROAD |
| 4 Jul 2022 | £202,545 | £202,000 | 100 HORTON ROAD |
| 24 Jun 2022 | £193,738 | £191,000 | 124 HORTON ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 18 Jul 2018. Using an estimated price of £175,408 means this house is valued at £2,740 per sq meter (£254 per sq foot).
The average size of a house on THORNTON ROAD is 69 sq meters (743 sq feet).