£576,324
This estimated value is based upon the latest sale price for the house of £425,515 on 28 Apr 2016. 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 |
|---|---|
| £425,515 | 28 Apr 2016 |
| £245,000 | 15 Apr 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 April 2016 the House Price Index for GREATER MANCHESTER was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £425,515 results in an estimated price of approximately £576,324.
| 28 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 109.7 | 148.6 | 35.442 % | £425,515 | £150,809 | £576,324 |
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 | 20.265 % | £86,231 | £511,746 |
| 3 Month Average | 0.998 % | £4,246 | £429,761 |
| 6 Month Average | 32.225 % | £137,120 | £562,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £455,828 | £450,000 | 11 LEOPOLD AVENUE |
| 21 Jul 2023 | £179,922 | £177,500 | 92 MELTHAM AVENUE |
| 10 Mar 2023 | £402,795 | £399,000 | 20 LEOPOLD AVENUE |
| 27 Jan 2023 | £267,739 | £269,000 | FLAT 4 CHELSEA HOUSE, 4 CAVENDISH ROAD |
| 10 Jun 2022 | £273,870 | £270,000 | FLAT 5 CHELSEA HOUSE, 4 CAVENDISH ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 13 Nov 2015. Using an estimated price of £576,324 means this house is valued at £4,843 per sq meter (£449 per sq foot).
The average size of a house on ALBEMARLE AVENUE is 170 sq meters (1,835 sq feet).