£520,922
This estimated value is based upon the latest sale price for the house of £300,000 on 15 Dec 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 |
---|---|
£300,000 | 15 Dec 2011 |
£95,000 | 12 Apr 1996 |
Semi-Detached |
Freehold |
Floor Area: 116 sq meters or 1,258 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 2011 the House Price Index for GREATER MANCHESTER was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £300,000 results in an estimated price of approximately £520,922.
15 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £300,000 | £220,922 | £520,922 |
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 | 77.150 % | £231,449 | £531,449 |
3 Month Average | 77.589 % | £232,768 | £532,768 |
6 Month Average | 68.662 % | £205,986 | £505,986 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £973,973 | £949,250 | 57 THE AVENUE |
31 Jan 2023 | £952,545 | £950,000 | 28 MEADWAY |
6 Jan 2023 | £295,790 | £295,000 | FLAT G OAKLEIGH HOUSE, 50 THE AVENUE |
18 Nov 2022 | £152,288 | £153,000 | FLAT 27 MOSS MANOR THE AVENUE |
8 Apr 2022 | £63,801 | £61,500 | FLAT J OAKLEIGH HOUSE, 50 THE AVENUE |
This house has a floor area of 116 sq meters or 1,258 sq feet when measured on 3 May 2011. Using an estimated price of £520,923 means this house is valued at £4,454 per sq meter (£413 per sq foot).
The average size of a house on MEADWAY CLOSE is 126 sq meters (1,358 sq feet).