£170,467
This estimated value is based upon the latest sale price for the house of £138,000 on 5 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
Price Paid | Date |
---|---|
£138,000 | 5 Feb 2019 |
£57,474 | 5 Dec 2007 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 613 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 £138,000 results in an estimated price of approximately £170,467.
5 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.527 % | £138,000 | £32,467 | £170,467 |
The Postcode Pricing Model uses changes in average sales price within the M21 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 | 79.556 % | £109,787 | £247,787 |
3 Month Average | -2.618 % | £-3,613 | £134,386 |
6 Month Average | 15.155 % | £20,913 | £158,913 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Sep 2023 | £182,331 | £180,000 | FLAT 6 CHURCHFIELD, 8 EDGE LANE |
24 Oct 2022 | £229,331 | £231,800 | FLAT 3 625 WILBRAHAM ROAD |
12 Aug 2022 | £314,154 | £315,000 | 1 BELGRAVIA GARDENS |
29 Jul 2022 | £626,687 | £625,000 | 25 KINGSHILL ROAD |
25 May 2022 | £264,993 | £260,000 | FLAT 10 THE OAKS 22 EDGE LANE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 21 Nov 2013. Using an estimated price of £170,467 means this house is valued at £2,990 per sq meter (£277 per sq foot).
The average size of a house on EDGE LANE is 80 sq meters (866 sq feet).