£518,919
This estimated value is based upon the latest sale price for the house of £417,000 on 14 Feb 2019. 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 |
|---|---|
| £417,000 | 14 Feb 2019 |
| £275,000 | 30 Sep 2011 |
| £285,000 | 24 Jun 2004 |
| £116,500 | 5 Mar 1999 |
| £65,000 | 15 May 1998 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 February 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £417,000 results in an estimated price of approximately £518,919.
| 14 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £417,000 | £101,919 | £518,919 |
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 | 103.611 % | £432,058 | £849,058 |
| 3 Month Average | 39.996 % | £166,783 | £583,783 |
| 6 Month Average | 12.670 % | £52,835 | £469,835 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £422,998 | £410,000 | 49 ELM GROVE |
| 30 Nov 2023 | £425,809 | £415,000 | 14 KNIGHT STREET |
| 23 Nov 2023 | £384,767 | £375,000 | 15 RUSHTON STREET |
| 10 Nov 2023 | £513,023 | £500,000 | 21 RUSHTON STREET |
| 9 Mar 2023 | £409,527 | £402,688 | 20 RUSHTON STREET |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 23 Mar 2020. Using an estimated price of £518,920 means this house is valued at £4,849 per sq meter (£450 per sq foot).
The average size of a house on GILLBROOK ROAD is 102 sq meters (1,100 sq feet).