£228,524
This estimated value is based upon the latest sale price for the house of £185,000 on 11 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 |
---|---|
£185,000 | 11 Feb 2019 |
£92,000 | 2 Jun 2016 |
£40,000 | 17 Feb 2003 |
Terraced |
Freehold |
Floor Area: 136 sq meters or 1,463 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 £185,000 results in an estimated price of approximately £228,524.
11 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.527 % | £185,000 | £43,524 | £228,524 |
The Postcode Pricing Model uses changes in average sales price within the M13 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 | -30.506 % | £-56,436 | £128,563 |
3 Month Average | -23.965 % | £-44,334 | £140,665 |
6 Month Average | -1.141 % | £-2,110 | £182,889 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £217,906 | £216,000 | 26 WHILEY STREET |
3 Mar 2023 | £189,788 | £188,000 | 330 DICKENSON ROAD |
14 Nov 2022 | £271,709 | £275,000 | 333 DICKENSON ROAD |
7 Oct 2022 | £158,296 | £160,000 | 10 HONOR STREET |
9 Sep 2022 | £213,278 | £215,000 | 10 SOUTHERNBY CLOSE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 15 Sep 2020. Using an estimated price of £228,525 means this house is valued at £1,680 per sq meter (£156 per sq foot).
The average size of a house on HONOR STREET is 105 sq meters (1,135 sq feet).
This house is the largest in the street with a floor area of 136 sq meters (1,463 sq feet).