£535,430
This estimated value is based upon the latest sale price for the house of £311,500 on 27 Jan 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 |
|---|---|
| £311,500 | 27 Jan 2012 |
| £180,000 | 11 Nov 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,250 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 January 2012 the House Price Index for GREATER MANCHESTER was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £311,500 results in an estimated price of approximately £535,430.
| 27 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.888 % | £311,500 | £223,930 | £535,430 |
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 | 32.966 % | £102,688 | £414,188 |
| 3 Month Average | 31.363 % | £97,697 | £409,197 |
| 6 Month Average | 60.532 % | £188,556 | £500,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £345,109 | £340,000 | 105 FOG LANE |
| 31 Jul 2023 | £532,162 | £525,000 | 22 AUSTIN DRIVE |
| 14 Jul 2023 | £162,183 | £160,000 | FLAT 3 AUSTIN COURT, 2 MILDEN CLOSE |
| 7 Jul 2023 | £164,210 | £162,000 | FLAT 9 AUSTIN COURT, 4 - 6 MILDEN CLOSE |
| 24 Mar 2023 | £429,042 | £425,000 | 25 AUSTIN DRIVE |
This house has a floor area of 116 sq meters or 1,250 sq feet when measured on 16 May 2011. Using an estimated price of £535,431 means this house is valued at £4,609 per sq meter (£428 per sq foot).
The average size of a house on MERLYN AVENUE is 157 sq meters (1,694 sq feet).
This house is the largest in the street with a floor area of 116 sq meters (1,250 sq feet).