£473,715
This estimated value is based upon the latest sale price for the house of £355,000 on 28 Oct 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 |
---|---|
£355,000 | 28 Oct 2016 |
Detached |
Leasehold |
Floor Area: 101 sq meters or 1,087 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 October 2016 the House Price Index for GREATER MANCHESTER was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £355,000 results in an estimated price of approximately £473,715.
28 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £355,000 | £118,715 | £473,715 |
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 | 69.042 % | £245,098 | £600,098 |
3 Month Average | 36.220 % | £128,580 | £483,580 |
6 Month Average | 33.907 % | £120,371 | £475,371 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £526,168 | £510,000 | 6 CHILCOTE AVENUE |
1 Dec 2023 | £868,693 | £842,000 | 4 MOSS WAY |
12 Sep 2023 | £899,836 | £880,000 | 1 MOSS WAY |
30 Jun 2023 | £433,691 | £425,000 | 23 DORRINGTON ROAD |
14 Jun 2023 | £770,440 | £755,000 | 6 KENILWORTH ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 16 Jul 2016. Using an estimated price of £473,716 means this house is valued at £4,690 per sq meter (£435 per sq foot).
The average size of a house on DORRINGTON ROAD is 109 sq meters (1,180 sq feet).