£381,494
This estimated value is based upon the latest sale price for the house of £207,500 on 8 Jul 2005. 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 |
|---|---|
| £207,500 | 8 Jul 2005 |
| £135,000 | 15 Nov 2002 |
| Semi-Detached |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 July 2005 the House Price Index for GREATER MANCHESTER was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £207,500 results in an estimated price of approximately £381,494.
| 8 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 83.853 % | £207,500 | £173,994 | £381,494 |
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 | 65.877 % | £136,694 | £344,194 |
| 3 Month Average | 72.384 % | £150,196 | £357,696 |
| 6 Month Average | 82.375 % | £170,929 | £378,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £528,829 | £521,000 | 29 OVERTON CRESCENT |
| 30 Jun 2023 | £455,518 | £450,000 | 71 CHESTNUT DRIVE |
| 5 Apr 2023 | £399,299 | £395,000 | 53 OVERTON CRESCENT |
| 29 Apr 2022 | £443,843 | £431,000 | 67 WOODHEYS DRIVE |
| 17 Dec 2021 | £444,978 | £415,333 | 50 WOODHEYS DRIVE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 10 Jul 2013. Using an estimated price of £381,494 means this house is valued at £4,954 per sq meter (£460 per sq foot).
The average size of a house on CHESTNUT DRIVE is 104 sq meters (1,126 sq feet).
This house is the smallest in the street with a floor area of 77 sq meters (828 sq feet).