£580,519
This estimated value is based upon the latest sale price for the house of £465,000 on 13 Jul 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 |
|---|---|
| £465,000 | 13 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 919 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 July 2018 the House Price Index for GREATER MANCHESTER was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £465,000 results in an estimated price of approximately £580,519.
| 13 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £465,000 | £115,519 | £580,519 |
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 | 16.416 % | £76,334 | £541,334 |
| 3 Month Average | 32.631 % | £151,736 | £616,736 |
| 6 Month Average | 26.466 % | £123,065 | £588,065 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2023 | £465,574 | £455,000 | 37 RAVENSTONE DRIVE |
| 18 Apr 2023 | £146,745 | £144,000 | 6 WELLDALE MEWS |
| 20 Mar 2023 | £432,218 | £425,000 | 26 RAVENSTONE DRIVE |
| 12 Jan 2023 | £741,983 | £740,000 | 6 HIGH GATES |
| 19 Aug 2022 | £216,010 | £215,000 | 14 WELLDALE MEWS |
This house has a floor area of 85 sq meters or 919 sq feet when measured on 26 Sep 2011. Using an estimated price of £580,519 means this house is valued at £6,795 per sq meter (£631 per sq foot).
The average size of a house on DANE ROAD is 115 sq meters (1,241 sq feet).