£112,625
This estimated value is based upon the latest sale price for the house of £48,950 on 29 Aug 2003. 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 |
|---|---|
| £48,950 | 29 Aug 2003 |
| £18,000 | 31 Aug 2001 |
| Terraced |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 August 2003 the House Price Index for GREATER MANCHESTER was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £48,950 results in an estimated price of approximately £112,625.
| 29 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £48,950 | £63,675 | £112,625 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 253.172 % | £123,927 | £172,877 |
| 3 Month Average | 150.588 % | £73,712 | £122,662 |
| 6 Month Average | 208.310 % | £101,967 | £150,917 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £193,848 | £191,500 | 7 EMLEY STREET |
| 12 Apr 2023 | £202,177 | £200,000 | 59 BARLOW ROAD |
| 9 Sep 2022 | £272,797 | £275,000 | 8 WHALLEY AVENUE |
| 29 Apr 2022 | £237,369 | £230,500 | 3 WHALLEY AVENUE |
| 22 Apr 2022 | £175,066 | £170,000 | 12 EMLEY STREET |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 27 Oct 2021. Using an estimated price of £112,625 means this house is valued at £1,941 per sq meter (£180 per sq foot).
The average size of a house on CLEVELAND AVENUE is 77 sq meters (833 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).