£410,426
This estimated value is based upon the latest sale price for the house of £306,000 on 25 Aug 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 |
|---|---|
| £306,000 | 25 Aug 2016 |
| £152,000 | 20 Jun 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 August 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £306,000 results in an estimated price of approximately £410,426.
| 25 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £306,000 | £104,426 | £410,426 |
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 | 41.697 % | £127,593 | £433,593 |
| 3 Month Average | 45.242 % | £138,441 | £444,441 |
| 6 Month Average | 47.091 % | £144,098 | £450,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £226,971 | £225,000 | FLAT 7 OAKFIELD MEWS OAKFIELD |
| 31 Oct 2023 | £421,575 | £412,000 | 4 WALNUT GROVE |
| 9 Oct 2023 | £245,578 | £240,000 | APARTMENT 11 43 OAKFIELD |
| 2 Oct 2023 | £6,625,478 | £6,475,000 | 126 - 150 WASHWAY ROAD |
| 20 Apr 2023 | £214,003 | £210,000 | APARTMENT 1 58 WASHWAY ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 24 Mar 2016. Using an estimated price of £410,427 means this house is valued at £4,275 per sq meter (£397 per sq foot).
The average size of a house on OAKFIELD is 81 sq meters (878 sq feet).