£51,592
This estimated value is based upon the latest sale price for the house of £24,500 on 10 Mar 2004. 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 |
|---|---|
| £24,500 | 10 Mar 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 March 2004 the House Price Index for GREATER MANCHESTER was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £24,500 results in an estimated price of approximately £51,592.
| 10 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 149.7 | 110.582 % | £24,500 | £27,092 | £51,592 |
The Postcode Pricing Model uses changes in average sales price within the M11 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 | 456.824 % | £111,921 | £136,421 |
| 3 Month Average | 457.107 % | £111,991 | £136,491 |
| 6 Month Average | 449.560 % | £110,142 | £134,642 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £243,745 | £240,000 | 55 HARTWELL CLOSE |
| 13 Mar 2023 | £147,463 | £145,000 | APARTMENT 3 425 ASHTON OLD ROAD |
| 14 Feb 2023 | £259,735 | £258,000 | APARTMENT 25 427 ASHTON OLD ROAD |
| 31 Aug 2022 | £156,984 | £156,250 | APARTMENT 19 427 ASHTON OLD ROAD |
| 10 Mar 2022 | £146,151 | £140,000 | APARTMENT 13 427 ASHTON OLD ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 16 Oct 2014. Using an estimated price of £51,593 means this house is valued at £543 per sq meter (£50 per sq foot).
The average size of a house on HARTWELL CLOSE is 69 sq meters (746 sq feet).
This house is the largest in the street with a floor area of 95 sq meters (1,022 sq feet).