£78,791
This estimated value is based upon the latest sale price for the house of £62,500 on 17 Nov 2017. 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 |
---|---|
£62,500 | 17 Nov 2017 |
£56,000 | 23 Dec 2010 |
£72,500 | 2 Sep 2003 |
£35,500 | 20 Jan 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 43 sq meters or 468 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 2017 the House Price Index for GREATER MANCHESTER was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £62,500 results in an estimated price of approximately £78,791.
17 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £62,500 | £16,291 | £78,791 |
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 | 8.539 % | £5,337 | £67,837 |
3 Month Average | 25.666 % | £16,041 | £78,541 |
6 Month Average | 27.260 % | £17,037 | £79,537 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £469,104 | £465,000 | 38 CHESTNUT DRIVE |
3 Aug 2023 | £408,574 | £405,000 | 68 ALMA ROAD |
21 Jul 2023 | £704,482 | £695,000 | 34 CHESTNUT DRIVE |
22 Jun 2023 | £57,699 | £57,000 | FLAT 1 WOODHEY COURT ALMA ROAD |
12 Apr 2023 | £207,231 | £205,000 | 7 ALMA ROAD |
This house has a floor area of 43 sq meters or 468 sq feet when measured on 12 Nov 2008. Using an estimated price of £78,792 means this house is valued at £1,810 per sq meter (£168 per sq foot).
The average size of a house on ALMA ROAD is 61 sq meters (663 sq feet).