£410,495
This estimated value is based upon the latest sale price for the house of £240,000 on 30 Oct 2012. 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 |
|---|---|
| £240,000 | 30 Oct 2012 |
| Detached |
| Leasehold |
| Floor Area: 110 sq meters or 1,184 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 October 2012 the House Price Index for GREATER MANCHESTER was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £240,000 results in an estimated price of approximately £410,495.
| 30 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £240,000 | £170,495 | £410,495 |
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 | 88.784 % | £213,081 | £453,081 |
| 3 Month Average | 71.151 % | £170,763 | £410,763 |
| 6 Month Average | 58.848 % | £141,235 | £381,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £352,777 | £345,000 | 17 FARRIER CLOSE |
| 19 Sep 2023 | £490,820 | £480,000 | 4 THRESHER CLOSE |
| 15 Sep 2023 | £217,290 | £212,500 | 1 FARRIER CLOSE |
| 31 Jan 2022 | £408,176 | £385,000 | 9 FARRIER CLOSE |
| 8 Nov 2021 | £375,884 | £345,000 | 8 FARRIER CLOSE |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 10 May 2012. Using an estimated price of £410,495 means this house is valued at £3,731 per sq meter (£346 per sq foot).
The average size of a house on THRESHER CLOSE is 119 sq meters (1,289 sq feet).