£373,630
This estimated value is based upon the latest sale price for the house of £80,000 on 13 Jul 1998. 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 |
---|---|
£80,000 | 13 Jul 1998 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 July 1998 the House Price Index for GREATER MANCHESTER was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 367.038%.Applying this 367.038% change to the original purchase price of £80,000 results in an estimated price of approximately £373,630.
13 Jul 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.8 | 148.6 | 367.038 % | £80,000 | £293,630 | £373,630 |
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 | 382.460 % | £305,968 | £385,968 |
3 Month Average | 485.433 % | £388,346 | £468,346 |
6 Month Average | 541.007 % | £432,805 | £512,805 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £426,312 | £420,000 | 10 LANDCROSS ROAD |
17 Apr 2023 | £192,068 | £190,000 | 21 BOLAND DRIVE |
3 Apr 2023 | £90,980 | £90,000 | 10 BOLAND DRIVE |
5 Jul 2022 | £370,999 | £370,000 | 2A FURNESS ROAD |
5 Jul 2022 | £370,999 | £370,000 | 2 FURNESS ROAD |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 20 Mar 2020. Using an estimated price of £373,630 means this house is valued at £3,248 per sq meter (£301 per sq foot).
The average size of a house on J J THOMSON MEWS is 121 sq meters (1,304 sq feet).