£354,705
This estimated value is based upon the latest sale price for the house of £335,750 on 18 Feb 2022. 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 |
|---|---|
| £335,750 | 18 Feb 2022 |
| £250,000 | 11 Jan 2016 |
| £60,000 | 28 Jul 1997 |
| Terraced |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 February 2022 the House Price Index for GREATER MANCHESTER was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £335,750 results in an estimated price of approximately £354,705.
| 18 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £335,750 | £18,955 | £354,705 |
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 | 34.379 % | £115,426 | £451,176 |
| 3 Month Average | 12.612 % | £42,344 | £378,094 |
| 6 Month Average | 6.704 % | £22,507 | £358,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £589,050 | £580,000 | 59 GREEN LANE |
| 25 Oct 2023 | £368,366 | £360,000 | 10 CARRINGTON LANE |
| 7 Sep 2023 | £306,762 | £300,000 | 22 GREENBANK ROAD |
| 17 Nov 2022 | £293,627 | £295,000 | 10 HALL AVENUE |
| 15 Jul 2022 | £112,629 | £111,500 | FLAT 14 CHAPEL COURT GREEN LANE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 17 Jun 2015. Using an estimated price of £354,706 means this house is valued at £3,773 per sq meter (£350 per sq foot).
The average size of a house on FARMFIELD is 108 sq meters (1,171 sq feet).
This house is the largest in the street with a floor area of 94 sq meters (1,011 sq feet).