£301,918
This estimated value is based upon the latest sale price for the house of £220,000 on 15 Jan 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 |
|---|---|
| £220,000 | 15 Jan 2016 |
| Semi-Detached |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 January 2016 the House Price Index for GREATER MANCHESTER was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £220,000 results in an estimated price of approximately £301,918.
| 15 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £220,000 | £81,918 | £301,918 |
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 | 31.108 % | £68,437 | £288,437 |
| 3 Month Average | 49.308 % | £108,478 | £328,478 |
| 6 Month Average | 52.146 % | £114,721 | £334,721 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2023 | £736,443 | £730,000 | 141 WOODHOUSE LANE |
| 11 Aug 2022 | £466,744 | £468,000 | 83 CHERRY LANE |
| 17 Jun 2022 | £415,877 | £410,000 | 5 RYEFIELD ROAD |
| 7 Dec 2021 | £396,410 | £370,000 | 4 GLENCOE DRIVE |
| 30 Nov 2021 | £751,652 | £695,000 | WOODHOUSE FARM WOODHOUSE LANE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 21 Sep 2020. Using an estimated price of £301,918 means this house is valued at £3,392 per sq meter (£315 per sq foot).
The average size of a house on GLENCOE DRIVE is 100 sq meters (1,076 sq feet).