£494,183
This estimated value is based upon the latest sale price for the house of £297,500 on 5 Jul 2013. 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 |
|---|---|
| £297,500 | 5 Jul 2013 |
| £59,000 | 10 Jan 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 120 sq meters or 1,291 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 2013 the House Price Index for GREATER MANCHESTER was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £297,500 results in an estimated price of approximately £494,183.
| 5 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £297,500 | £196,683 | £494,183 |
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 | 62.262 % | £185,230 | £482,730 |
| 3 Month Average | 62.854 % | £186,989 | £484,489 |
| 6 Month Average | 68.591 % | £204,058 | £501,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £598,866 | £590,000 | 22 PENRITH AVENUE |
| 21 Jul 2023 | £438,907 | £433,000 | 7 PULFORD ROAD |
| 14 Jul 2023 | £380,116 | £375,000 | 12 NEWLYN DRIVE |
| 28 Jun 2023 | £420,089 | £415,000 | 6 FARLEY ROAD |
| 31 Mar 2023 | £383,614 | £380,000 | 21 NEWLYN DRIVE |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 28 Mar 2013. Using an estimated price of £494,184 means this house is valued at £4,118 per sq meter (£382 per sq foot).
The average size of a house on FARLEY ROAD is 118 sq meters (1,278 sq feet).