£335,448
This estimated value is based upon the latest sale price for the house of £209,000 on 5 Dec 2013. 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 |
---|---|
£209,000 | 5 Dec 2013 |
£104,000 | 5 Jan 2011 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 December 2013 the House Price Index for GREATER MANCHESTER was 92.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 60.502%.Applying this 60.502% change to the original purchase price of £209,000 results in an estimated price of approximately £335,448.
5 Dec 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
92.6 | 148.6 | 60.502 % | £209,000 | £126,448 | £335,448 |
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 | 50.278 % | £105,081 | £314,081 |
3 Month Average | 32.688 % | £68,318 | £277,318 |
6 Month Average | 57.712 % | £120,617 | £329,617 |
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 88 sq meters or 947 sq feet when measured on 3 Jun 2013. Using an estimated price of £335,449 means this house is valued at £3,811 per sq meter (£354 per sq foot).
The average size of a house on CAVENDISH ROAD is 98 sq meters (1,062 sq feet).