£369,980
This estimated value is based upon the latest sale price for the house of £325,000 on 26 May 2021. 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 |
---|---|
£325,000 | 26 May 2021 |
£325,000 | 5 Oct 2018 |
£260,000 | 29 Sep 2006 |
£264,950 | 28 Nov 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 122 sq meters or 1,315 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 May 2021 the House Price Index for GREATER MANCHESTER was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £325,000 results in an estimated price of approximately £369,980.
26 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.5 | 149.7 | 13.840 % | £325,000 | £44,980 | £369,980 |
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 | 75.614 % | £245,745 | £570,745 |
3 Month Average | 33.101 % | £107,578 | £432,578 |
6 Month Average | -1.333 % | £-4,330 | £320,669 |
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 122 sq meters or 1,315 sq feet when measured on 6 Mar 2009. Using an estimated price of £369,981 means this house is valued at £3,027 per sq meter (£281 per sq foot).
The average size of a house on CAVENDISH ROAD is 98 sq meters (1,062 sq feet).