£138,330
This estimated value is based upon the latest sale price for the house of £29,000 on 28 Apr 1998. 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 |
---|---|
£29,000 | 28 Apr 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 26 sq meters or 279 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 April 1998 the House Price Index for GREATER MANCHESTER was 31.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 377.002%.Applying this 377.002% change to the original purchase price of £29,000 results in an estimated price of approximately £138,330.
28 Apr 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.4 | 149.7 | 377.002 % | £29,000 | £109,330 | £138,330 |
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 | 487.711 % | £141,436 | £170,436 |
3 Month Average | 425.136 % | £123,289 | £152,289 |
6 Month Average | 347.965 % | £100,909 | £129,909 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £282,111 | £274,950 | 12 DUNDONALD ROAD |
17 Oct 2023 | £296,740 | £290,000 | 14 LADYSMITH ROAD |
6 Oct 2023 | £322,576 | £315,250 | 22 WHITEHALL ROAD |
29 Sep 2023 | £281,199 | £275,000 | FLAT 12 TUDOR HOUSE, 8 OLIVE SHAPLEY AVENUE |
22 Sep 2023 | £357,889 | £350,000 | 6 LADYSMITH ROAD |
This house has a floor area of 26 sq meters or 279 sq feet when measured on 29 Jul 2015. Using an estimated price of £138,331 means this house is valued at £5,320 per sq meter (£494 per sq foot).
The average size of a house on ALDFORD CLOSE is 41 sq meters (450 sq feet).