£566,862
This estimated value is based upon the latest sale price for the house of £460,000 on 31 Oct 2018. 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 |
|---|---|
| £460,000 | 31 Oct 2018 |
| £225,000 | 28 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 170 sq meters or 1,829 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 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £460,000 results in an estimated price of approximately £566,862.
| 31 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £460,000 | £106,862 | £566,862 |
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 | 12.860 % | £59,154 | £519,154 |
| 3 Month Average | 16.830 % | £77,417 | £537,417 |
| 6 Month Average | 23.978 % | £110,296 | £570,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £145,000 | £145,000 | FLAT 3 CENTRAL 1 WHARF ROAD |
| 8 Nov 2023 | £225,844 | £222,500 | FLAT 15 CENTRAL 3 WHARF ROAD |
| 31 Mar 2023 | £176,664 | £175,000 | FLAT 12 CENTRAL 3 WHARF ROAD |
| 11 Nov 2022 | £343,835 | £348,000 | 6 ANFIELD ROAD |
| 13 Jun 2022 | £559,710 | £551,800 | 24 LYNWOOD GROVE |
This house has a floor area of 170 sq meters or 1,829 sq feet when measured on 3 Jul 2018. Using an estimated price of £566,862 means this house is valued at £3,334 per sq meter (£309 per sq foot).
The average size of a house on LYNWOOD GROVE is 150 sq meters (1,619 sq feet).