£582,349
This estimated value is based upon the latest sale price for the house of £348,000 on 26 Jul 2013. 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 |
---|---|
£348,000 | 26 Jul 2013 |
£158,000 | 5 Apr 2002 |
Terraced |
Freehold |
Floor Area: 164 sq meters or 1,765 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 2013 the House Price Index for GREATER MANCHESTER was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £348,000 results in an estimated price of approximately £582,349.
26 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.5 | 149.7 | 67.342 % | £348,000 | £234,349 | £582,349 |
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 | 103.461 % | £360,045 | £708,045 |
3 Month Average | 80.453 % | £279,977 | £627,977 |
6 Month Average | 54.007 % | £187,942 | £535,942 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £582,912 | £565,000 | 17 WESTBOURNE GROVE |
25 Apr 2023 | £636,913 | £625,000 | 15 WESTBOURNE GROVE |
17 Mar 2023 | £562,901 | £553,500 | 19 WESTBOURNE GROVE |
15 Feb 2023 | £221,479 | £220,000 | 29 DARLINGTON ROAD |
15 Feb 2023 | £588,934 | £585,000 | 1 NEWTON AVENUE |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 7 May 2013. Using an estimated price of £582,350 means this house is valued at £3,550 per sq meter (£329 per sq foot).
The average size of a house on DARLINGTON ROAD is 146 sq meters (1,575 sq feet).