£357,680
This estimated value is based upon the latest sale price for the house of £177,500 on 21 May 2004. 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 |
|---|---|
| £177,500 | 21 May 2004 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 May 2004 the House Price Index for GREATER MANCHESTER was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £177,500 results in an estimated price of approximately £357,680.
| 21 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 73.7 | 148.6 | 101.510 % | £177,500 | £180,180 | £357,680 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 55.326 % | £98,203 | £275,703 |
| 3 Month Average | 73.959 % | £131,276 | £308,776 |
| 6 Month Average | 109.860 % | £195,001 | £372,501 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £254,452 | £250,000 | 4 MALLOWDALE AVENUE |
| 15 Sep 2023 | £280,588 | £277,000 | 9 MALLOWDALE AVENUE |
| 11 Sep 2023 | £282,613 | £279,000 | 35 CROASDALE AVENUE |
| 1 Mar 2023 | £338,186 | £335,000 | 92 FINCHLEY ROAD |
| 13 Jan 2023 | £248,828 | £250,000 | 3 CROASDALE AVENUE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 24 Apr 2013. Using an estimated price of £357,680 means this house is valued at £3,974 per sq meter (£369 per sq foot).
The average size of a house on CAXTON ROAD is 124 sq meters (1,342 sq feet).