£377,553
This estimated value is based upon the latest sale price for the house of £249,000 on 19 Sep 2014. 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 |
|---|---|
| £249,000 | 19 Sep 2014 |
| £225,000 | 30 Mar 2006 |
| £123,000 | 4 Jan 2002 |
| Semi-Detached |
| Leasehold |
| Floor Area: 91 sq meters or 979 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 2014 the House Price Index for GREATER MANCHESTER was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £249,000 results in an estimated price of approximately £377,553.
| 19 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £249,000 | £128,553 | £377,553 |
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 | 85.309 % | £212,420 | £461,420 |
| 3 Month Average | 69.075 % | £171,997 | £420,997 |
| 6 Month Average | 56.852 % | £141,561 | £390,561 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £473,248 | £462,500 | 11 GRASMERE ROAD |
| 22 Sep 2023 | £521,496 | £510,000 | 5 CONISTON AVENUE |
| 11 Aug 2023 | £1,054,010 | £1,035,000 | 14 BEAUFORT AVENUE |
| 30 Mar 2023 | £465,270 | £457,500 | 2 GRASMERE ROAD |
| 22 Jun 2022 | £731,640 | £716,000 | 20 WESTMORLAND ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 18 Feb 2014. Using an estimated price of £377,554 means this house is valued at £4,148 per sq meter (£385 per sq foot).
The average size of a house on GRASMERE ROAD is 106 sq meters (1,149 sq feet).