£406,662
This estimated value is based upon the latest sale price for the house of £330,000 on 17 Oct 2018. 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 |
---|---|
£330,000 | 17 Oct 2018 |
£249,950 | 5 Oct 2012 |
£180,000 | 12 Sep 2007 |
Terraced |
Freehold |
Floor Area: 112 sq meters or 1,205 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 October 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £330,000 results in an estimated price of approximately £406,662.
17 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.231 % | £330,000 | £76,662 | £406,662 |
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 | -10.729 % | £-35,405 | £294,594 |
3 Month Average | -9.407 % | £-31,044 | £298,955 |
6 Month Average | 11.962 % | £39,474 | £369,474 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jul 2023 | £686,236 | £677,000 | 7 GOULDEN ROAD |
29 Jun 2023 | £254,078 | £251,000 | FLAT B 27 GOULDEN ROAD |
12 Aug 2022 | £269,275 | £270,000 | FLAT B 5 GOULDEN ROAD |
22 Jul 2022 | £166,448 | £166,000 | FLAT A 27 GOULDEN ROAD |
1 Mar 2022 | £538,856 | £520,000 | 2 ABBERTON ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 22 Jun 2012. Using an estimated price of £406,662 means this house is valued at £3,630 per sq meter (£337 per sq foot).
The average size of a house on BURTON ROAD is 100 sq meters (1,086 sq feet).