£404,218
This estimated value is based upon the latest sale price for the house of £270,000 on 29 Oct 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 |
|---|---|
| £270,000 | 29 Oct 2014 |
| £214,000 | 27 Jan 2006 |
| £132,500 | 17 Sep 2002 |
| £50,000 | 2 Feb 1996 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2014 the House Price Index for GREATER MANCHESTER was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £270,000 results in an estimated price of approximately £404,218.
| 29 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £270,000 | £134,218 | £404,218 |
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 | 33.004 % | £89,109 | £359,109 |
| 3 Month Average | 16.742 % | £45,203 | £315,203 |
| 6 Month Average | 44.627 % | £120,492 | £390,492 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £242,000 | £242,000 | 84 MONTMANO DRIVE |
| 5 Apr 2023 | £328,537 | £325,000 | 26 MONTMANO DRIVE |
| 5 Oct 2022 | £172,146 | £174,000 | 15 MONTMANO DRIVE |
| 5 Oct 2022 | £462,520 | £467,500 | 122 CAVENDISH ROAD |
| 1 Jul 2022 | £320,864 | £320,000 | 649 PRINCESS ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 12 Jun 2014. Using an estimated price of £404,219 means this house is valued at £4,541 per sq meter (£421 per sq foot).
The average size of a house on CAVENDISH ROAD is 98 sq meters (1,062 sq feet).