£268,060
This estimated value is based upon the latest sale price for the house of £54,500 on 25 Nov 1997. 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 |
|---|---|
| £54,500 | 25 Nov 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 November 1997 the House Price Index for GREATER MANCHESTER was 30.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 391.855%.Applying this 391.855% change to the original purchase price of £54,500 results in an estimated price of approximately £268,060.
| 25 Nov 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 148.6 | 391.855 % | £54,500 | £213,560 | £268,060 |
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 | 462.357 % | £251,984 | £306,484 |
| 3 Month Average | 534.058 % | £291,061 | £345,561 |
| 6 Month Average | 549.331 % | £299,385 | £353,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 May 2022 | £315,953 | £310,000 | 26 WILLOW BANK |
| 26 Nov 2021 | £486,681 | £450,000 | 20 LATCHMERE ROAD |
| 29 Oct 2021 | £235,680 | £213,000 | 32 WILLOW BANK |
| 30 Jun 2021 | £429,169 | £399,999 | 14 GRANVILLE ROAD |
| 23 Jun 2021 | £324,023 | £302,000 | 25 WILLOW BANK |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 9 Feb 2015. Using an estimated price of £268,061 means this house is valued at £2,792 per sq meter (£259 per sq foot).
The average size of a house on WILLOW BANK is 110 sq meters (1,189 sq feet).