£108,772
This estimated value is based upon the latest sale price for the house of £97,500 on 9 Aug 2021. 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 |
|---|---|
| £97,500 | 9 Aug 2021 |
| £42,500 | 20 May 2013 |
| £40,000 | 18 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 2021 the House Price Index for GREATER MANCHESTER was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £97,500 results in an estimated price of approximately £108,772.
| 9 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £97,500 | £11,272 | £108,772 |
The Postcode Pricing Model uses changes in average sales price within the M32 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 | 0.227 % | £221 | £97,721 |
| 3 Month Average | 16.511 % | £16,098 | £113,598 |
| 6 Month Average | 24.403 % | £23,792 | £121,292 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £145,000 | £145,000 | FLAT 31 THE HAWTHORNS, 114 EDGE LANE |
| 25 Sep 2023 | £151,943 | £150,000 | FLAT 22 THE HIGHLANDS, 118 EDGE LANE |
| 28 Jul 2023 | £151,996 | £149,950 | FLAT 12 THE HAWTHORNS, 114 EDGE LANE |
| 24 Mar 2023 | £114,075 | £113,000 | FLAT 16 THE HAWTHORNS, 114 EDGE LANE |
| 7 Mar 2023 | £156,474 | £155,000 | FLAT 11 THE HIGHLANDS, 118 EDGE LANE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 22 Sep 2020. Using an estimated price of £108,773 means this house is valued at £1,412 per sq meter (£131 per sq foot).
There is one other house on the street which we know the size of, this is FLAT 48 THE HAWTHORNS, 114 EDGE LANE it is 60.0