£329,997
This estimated value is based upon the latest sale price for the house of £221,250 on 19 Dec 2014. 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 |
|---|---|
| £221,250 | 19 Dec 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2014 the House Price Index for GREATER MANCHESTER was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £221,250 results in an estimated price of approximately £329,997.
| 19 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £221,250 | £108,747 | £329,997 |
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 | 45.486 % | £100,638 | £321,888 |
| 3 Month Average | 50.794 % | £112,382 | £333,632 |
| 6 Month Average | 56.993 % | £126,096 | £347,346 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Mar 2024 | £300,000 | £300,000 | 29 BUCKFAST ROAD |
| 9 Aug 2023 | £408,574 | £405,000 | 33 BANKFIELD ROAD |
| 2 Jun 2023 | £435,273 | £430,000 | 3 REDCROFT ROAD |
| 15 Jul 2022 | £300,810 | £300,000 | 1 BUCKFAST ROAD |
| 17 Jun 2022 | £329,659 | £325,000 | 37 BANKFIELD ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 10 Sep 2014. Using an estimated price of £329,997 means this house is valued at £3,113 per sq meter (£289 per sq foot).
The average size of a house on REDCROFT ROAD is 115 sq meters (1,239 sq feet).