£211,503
This estimated value is based upon the latest sale price for the house of £212,500 on 31 Jan 2023. 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 |
|---|---|
| £212,500 | 31 Jan 2023 |
| £155,000 | 30 Nov 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 January 2023 the House Price Index for GREATER MANCHESTER was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £212,500 results in an estimated price of approximately £211,503.
| 31 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £212,500 | £-996 | £211,503 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | -8.032 % | £-17,067 | £195,432 |
| 3 Month Average | -3.369 % | £-7,159 | £205,340 |
| 6 Month Average | -4.225 % | £-8,977 | £203,522 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £284,986 | £280,000 | 25 LINDOW STREET |
| 24 Nov 2023 | £289,283 | £285,000 | 13 LINDOW STREET |
| 11 Aug 2023 | £428,751 | £425,000 | 81 GRATRIX LANE |
| 23 Jun 2023 | £506,131 | £500,000 | 73 WYTHENSHAWE ROAD |
| 30 Mar 2023 | £277,615 | £275,000 | 374A NORTHENDEN ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 23 Aug 2017. Using an estimated price of £211,504 means this house is valued at £3,204 per sq meter (£297 per sq foot).
The average size of a house on GRATRIX LANE is 92 sq meters (991 sq feet).