£147,967
This estimated value is based upon the latest sale price for the house of £119,950 on 3 Dec 2018. 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 |
|---|---|
| £119,950 | 3 Dec 2018 |
| £72,995 | 30 Jan 2004 |
| Semi-Detached |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 2018 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £119,950 results in an estimated price of approximately £147,967.
| 3 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £119,950 | £28,017 | £147,967 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 277.237 % | £332,545 | £452,495 |
| 3 Month Average | 66.597 % | £79,883 | £199,833 |
| 6 Month Average | 33.924 % | £40,691 | £160,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £152,254 | £150,000 | 12 PORTER DRIVE |
| 20 Jun 2023 | £144,753 | £143,000 | 388 LATHBURY ROAD |
| 20 Feb 2023 | £199,866 | £200,000 | 28 SIGNAL DRIVE |
| 4 Jan 2023 | £119,437 | £120,000 | 10 TADCASTER DRIVE |
| 14 Oct 2022 | £154,338 | £156,000 | 54 SIGNAL DRIVE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 22 Nov 2018. Using an estimated price of £147,968 means this house is valued at £2,276 per sq meter (£211 per sq foot).
The average size of a house on TADCASTER DRIVE is 85 sq meters (918 sq feet).