£385,197
This estimated value is based upon the latest sale price for the house of £295,000 on 3 Mar 2017. 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 |
|---|---|
| £295,000 | 3 Mar 2017 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 March 2017 the House Price Index for GREATER MANCHESTER was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £295,000 results in an estimated price of approximately £385,197.
| 3 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £295,000 | £90,197 | £385,197 |
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 | 112.920 % | £333,113 | £628,113 |
| 3 Month Average | 49.363 % | £145,619 | £440,619 |
| 6 Month Average | 22.313 % | £65,821 | £360,821 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £348,855 | £340,000 | 105 FOG LANE |
| 20 Oct 2023 | £450,226 | £440,000 | 34 AUSTIN DRIVE |
| 16 Oct 2023 | £409,296 | £400,000 | 15 THE DRIVE |
| 4 Aug 2023 | £463,357 | £455,000 | 105 CATTERICK ROAD |
| 24 Mar 2023 | £432,218 | £425,000 | 25 AUSTIN DRIVE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 3 Jun 2016. Using an estimated price of £385,197 means this house is valued at £3,378 per sq meter (£313 per sq foot).
The average size of a house on AUSTIN DRIVE is 99 sq meters (1,076 sq feet).