£250,620
This estimated value is based upon the latest sale price for the house of £147,500 on 31 Mar 2010. 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 |
---|---|
£147,500 | 31 Mar 2010 |
Terraced |
Leasehold |
Floor Area: 84 sq meters or 904 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 March 2010 the House Price Index for GREATER MANCHESTER was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.912%.Applying this 69.912% change to the original purchase price of £147,500 results in an estimated price of approximately £250,620.
31 Mar 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.5 | 148.6 | 69.912 % | £147,500 | £103,120 | £250,620 |
The Postcode Pricing Model uses changes in average sales price within the M11 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 | 67.510 % | £99,577 | £247,077 |
3 Month Average | 91.210 % | £134,535 | £282,035 |
6 Month Average | 105.663 % | £155,852 | £303,352 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Nov 2023 | £243,607 | £240,000 | 43 METCOMBE WAY |
8 Jul 2022 | £250,675 | £250,000 | 4 METCOMBE WAY |
23 Jun 2022 | £97,376 | £96,000 | FLAT 4 1 FALCONWOOD WAY |
20 Apr 2022 | £87,533 | £85,000 | FLAT 7 1 FALCONWOOD WAY |
31 Mar 2022 | £238,340 | £230,000 | 48 KYLEMORE WAY |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 19 May 2015. Using an estimated price of £250,621 means this house is valued at £2,983 per sq meter (£277 per sq foot).