£471,317
This estimated value is based upon the latest sale price for the house of £316,000 on 15 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 |
|---|---|
| £316,000 | 15 Dec 2014 |
| £275,000 | 4 Jan 2006 |
| £150,000 | 6 Jul 2001 |
| Semi-Detached |
| 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 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 £316,000 results in an estimated price of approximately £471,317.
| 15 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £316,000 | £155,317 | £471,317 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 28.716 % | £90,742 | £406,742 |
| 3 Month Average | 21.945 % | £69,346 | £385,346 |
| 6 Month Average | 46.463 % | £146,824 | £462,824 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £603,941 | £595,000 | 17 DENEFORD ROAD |
| 15 Sep 2023 | £598,654 | £591,000 | 16 FORDBANK ROAD |
| 23 Aug 2022 | £658,228 | £660,000 | 38 FORD LANE |
| 15 Jun 2022 | £585,778 | £577,500 | 31 WOODFORD GARDENS |
| 25 Mar 2022 | £551,292 | £532,000 | 44 FORDBANK ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 6 Aug 2014. Using an estimated price of £471,318 means this house is valued at £5,236 per sq meter (£486 per sq foot).
The average size of a house on FORDBANK ROAD is 102 sq meters (1,103 sq feet).