£296,425
This estimated value is based upon the latest sale price for the house of £165,000 on 25 Sep 2009. 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 |
|---|---|
| £165,000 | 25 Sep 2009 |
| Semi-Detached |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 September 2009 the House Price Index for GREATER MANCHESTER was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £165,000 results in an estimated price of approximately £296,425.
| 25 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 149.7 | 79.652 % | £165,000 | £131,425 | £296,425 |
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 | 116.272 % | £191,849 | £356,849 |
| 3 Month Average | 95.273 % | £157,199 | £322,199 |
| 6 Month Average | 84.043 % | £138,670 | £303,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £333,465 | £325,000 | 10 BAGULEY ROAD |
| 5 Oct 2023 | £373,483 | £365,000 | 9 BAGULEY ROAD |
| 3 Apr 2023 | £453,482 | £445,000 | 7 LEGH ROAD |
| 16 Feb 2023 | £352,354 | £350,000 | 197A NORTHENDEN ROAD |
| 26 Aug 2022 | £303,419 | £302,000 | 207 NORTHENDEN ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 22 Oct 2019. Using an estimated price of £296,426 means this house is valued at £3,705 per sq meter (£344 per sq foot).
The average size of a house on ELGIN DRIVE is 106 sq meters (1,144 sq feet).