£403,214
This estimated value is based upon the latest sale price for the house of £307,500 on 5 Dec 2016. 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 |
|---|---|
| £307,500 | 5 Dec 2016 |
| £66,000 | 3 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2016 the House Price Index for GREATER MANCHESTER was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £307,500 results in an estimated price of approximately £403,214.
| 5 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £307,500 | £95,714 | £403,214 |
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 | 31.085 % | £95,585 | £403,085 |
| 3 Month Average | 2.687 % | £8,262 | £315,762 |
| 6 Month Average | 29.617 % | £91,071 | £398,571 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £458,014 | £450,000 | 14 CATTERICK ROAD |
| 22 Sep 2023 | £439,115 | £433,500 | 11 CATTERICK ROAD |
| 4 Aug 2023 | £549,810 | £545,000 | 101 SCHOOL LANE |
| 2 Aug 2023 | £386,885 | £383,500 | FLAT 3 30 - 32 CATTERICK ROAD |
| 20 Feb 2023 | £449,697 | £450,000 | 118 SCHOOL LANE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 18 Aug 2016. Using an estimated price of £403,214 means this house is valued at £4,634 per sq meter (£430 per sq foot).
The average size of a house on GALBRAITH ROAD is 123 sq meters (1,333 sq feet).