£351,989
This estimated value is based upon the latest sale price for the house of £208,000 on 2 Nov 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 |
|---|---|
| £208,000 | 2 Nov 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 November 2012 the House Price Index for GREATER MANCHESTER was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £208,000 results in an estimated price of approximately £351,989.
| 2 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 148.6 | 69.226 % | £208,000 | £143,989 | £351,989 |
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 | 66.870 % | £139,089 | £347,089 |
| 3 Month Average | 63.845 % | £132,797 | £340,797 |
| 6 Month Average | 61.234 % | £127,365 | £335,365 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £567,640 | £560,000 | 18 FAIRYWELL DRIVE |
| 6 Jan 2023 | £338,406 | £340,000 | 47 ARCADIA AVENUE |
| 21 Oct 2022 | £361,112 | £365,000 | 4 FAIRYWELL DRIVE |
| 12 Aug 2022 | £650,250 | £652,000 | 163 WOODHOUSE LANE EAST |
| 12 Aug 2022 | £364,020 | £365,000 | 17 SHREWSBURY ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 25 Apr 2012. Using an estimated price of £351,989 means this house is valued at £4,345 per sq meter (£403 per sq foot).
The average size of a house on ARCADIA AVENUE is 102 sq meters (1,101 sq feet).
This house is the smallest in the street with a floor area of 81 sq meters (871 sq feet).