£136,479
This estimated value is based upon the latest sale price for the house of £78,750 on 24 Jun 2011. 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 |
---|---|
£78,750 | 24 Jun 2011 |
£29,500 | 8 Sep 1995 |
Semi-Detached |
Freehold |
Floor Area: 48 sq meters or 518 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 June 2011 the House Price Index for GREATER MANCHESTER was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £78,750 results in an estimated price of approximately £136,479.
24 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 148.6 | 73.308 % | £78,750 | £57,729 | £136,479 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | -36.056 % | £-28,393 | £50,356 |
3 Month Average | 58.679 % | £46,210 | £124,960 |
6 Month Average | 78.724 % | £61,995 | £140,745 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £213,740 | £210,000 | 1 ABBOTSFIELD COURT |
12 Sep 2023 | £228,927 | £226,000 | 81 SHIRLEY ROAD |
8 Jun 2023 | £192,330 | £190,000 | 3 ABBOTSFIELD COURT |
6 Feb 2023 | £189,872 | £190,000 | 36 GREENFORD ROAD |
26 Aug 2022 | £204,450 | £205,000 | 27 ABBOTSFIELD COURT |
This house has a floor area of 48 sq meters or 518 sq feet when measured on 10 Jun 2011. Using an estimated price of £136,480 means this house is valued at £2,832 per sq meter (£263 per sq foot).
The average size of a house on RAINHAM DRIVE is 95 sq meters (1,028 sq feet).
This house is the smallest in the street with a floor area of 48 sq meters (518 sq feet).