£284,482
This estimated value is based upon the latest sale price for the house of £255,000 on 6 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 |
|---|---|
| £255,000 | 6 Aug 2021 |
| £105,000 | 1 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 £255,000 results in an estimated price of approximately £284,482.
| 6 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £255,000 | £29,482 | £284,482 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | -16.117 % | £-41,098 | £213,901 |
| 3 Month Average | -27.379 % | £-69,817 | £185,182 |
| 6 Month Average | -6.675 % | £-17,022 | £237,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2023 | £288,691 | £285,000 | 3 LANCING AVENUE |
| 1 Sep 2023 | £183,344 | £181,000 | 169 FOG LANE |
| 20 Jan 2023 | £319,495 | £321,000 | 27 NORWOOD AVENUE |
| 9 Sep 2022 | £297,597 | £300,000 | 12 LANCING AVENUE |
| 26 Aug 2022 | £325,125 | £326,000 | 6 LANCING AVENUE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 23 Aug 2019. Using an estimated price of £284,482 means this house is valued at £2,761 per sq meter (£256 per sq foot).
The average size of a house on ELMSMERE ROAD is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | On or near Burnage (Station) | |
| Feb 2024 | Drugs | On or near Burnage (Station) |