£319,676
This estimated value is based upon the latest sale price for the house of £267,250 on 14 Sep 2020. 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 |
---|---|
£267,250 | 14 Sep 2020 |
£185,000 | 2 Feb 2015 |
£173,500 | 8 Aug 2011 |
£170,000 | 31 Jul 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 688 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 2020 the House Price Index for GREATER MANCHESTER was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £267,250 results in an estimated price of approximately £319,676.
14 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £267,250 | £52,426 | £319,676 |
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 | 198.992 % | £531,806 | £799,056 |
3 Month Average | 30.397 % | £81,235 | £348,485 |
6 Month Average | 9.431 % | £25,205 | £292,455 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £240,297 | £235,000 | THE POINT, 43 THE BOULEVARD |
16 Jun 2023 | £581,656 | £570,000 | 126 CAVENDISH ROAD |
5 Oct 2022 | £465,944 | £467,500 | 122 CAVENDISH ROAD |
27 Jun 2022 | £178,823 | £175,000 | 83 CAVENDISH ROAD |
7 Feb 2022 | £338,066 | £320,000 | 143 CAVENDISH ROAD |
This house has a floor area of 63 sq meters or 688 sq feet when measured on 28 Jul 2011. Using an estimated price of £319,677 means this house is valued at £5,001 per sq meter (£464 per sq foot).
The average size of a house on CAVENDISH ROAD is 98 sq meters (1,062 sq feet).