£252,228
This estimated value is based upon the latest sale price for the house of £203,000 on 12 Jul 2019. 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 |
---|---|
£203,000 | 12 Jul 2019 |
Terraced |
Freehold |
Floor Area: 102 sq meters or 1,097 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 July 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £203,000 results in an estimated price of approximately £252,228.
12 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £203,000 | £49,228 | £252,228 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | -10.065 % | £-20,432 | £182,567 |
3 Month Average | 10.781 % | £21,884 | £224,884 |
6 Month Average | 14.537 % | £29,510 | £232,510 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £419,387 | £406,500 | 31 VICTORIA AVENUE |
27 Sep 2023 | £894,723 | £875,000 | 77A GRANGE AVENUE |
11 Aug 2023 | £733,224 | £720,000 | 39 GRANGE AVENUE |
31 Mar 2023 | £300,010 | £295,000 | 9 FIR GROVE |
15 Mar 2023 | £244,076 | £240,000 | 32 PRESTON ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 17 Apr 2019. Using an estimated price of £252,228 means this house is valued at £2,472 per sq meter (£229 per sq foot).
The average size of a house on PRESTON ROAD is 127 sq meters (1,372 sq feet).