£247,823
This estimated value is based upon the latest sale price for the house of £157,000 on 21 Feb 2008. 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 |
---|---|
£157,000 | 21 Feb 2008 |
£119,000 | 6 Dec 2002 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 February 2008 the House Price Index for GREATER MANCHESTER was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £157,000 results in an estimated price of approximately £247,823.
21 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.8 | 149.7 | 57.849 % | £157,000 | £90,823 | £247,823 |
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 | 129.486 % | £203,292 | £360,292 |
3 Month Average | 84.500 % | £132,665 | £289,665 |
6 Month Average | 72.768 % | £114,246 | £271,246 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Apr 2024 | £324,821 | £322,000 | 18 DAISYHILL CLOSE |
15 Dec 2023 | £463,523 | £449,280 | 41 NORLEY DRIVE |
7 Aug 2023 | £341,153 | £335,000 | 53 NORLEY DRIVE |
3 Nov 2022 | £485,231 | £487,500 | 4 WYTHENSHAWE ROAD |
22 Jul 2022 | £298,996 | £296,000 | 12 MASSEY ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 4 Apr 2016. Using an estimated price of £247,823 means this house is valued at £2,636 per sq meter (£244 per sq foot).
There is one other house on the street which we know the size of, this is 8 PEOVER AVENUE it is 108.0