£205,179
This estimated value is based upon the latest sale price for the house of £198,000 on 28 Mar 2022. 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 |
---|---|
£198,000 | 28 Mar 2022 |
£147,000 | 28 Aug 2009 |
£175,000 | 10 Aug 2007 |
£197,000 | 31 Mar 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 March 2022 the House Price Index for GREATER MANCHESTER was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £198,000 results in an estimated price of approximately £205,179.
28 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 148.6 | 3.626 % | £198,000 | £7,179 | £205,179 |
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 | -49.200 % | £-97,416 | £100,583 |
3 Month Average | -27.555 % | £-54,558 | £143,441 |
6 Month Average | 2.291 % | £4,536 | £202,536 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Mar 2024 | £242,000 | £242,000 | 84 MONTMANO DRIVE |
29 Sep 2023 | £245,134 | £242,000 | FLAT 7 ALBERT HOUSE, 24 THE BOULEVARD |
5 Apr 2023 | £328,537 | £325,000 | 26 MONTMANO DRIVE |
5 Oct 2022 | £172,146 | £174,000 | 15 MONTMANO DRIVE |
1 Jul 2022 | £230,621 | £230,000 | 102 MONTMANO DRIVE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 15 Oct 2021. Using an estimated price of £205,180 means this house is valued at £3,108 per sq meter (£288 per sq foot).
The average size of a house on MONTMANO DRIVE is 87 sq meters (942 sq feet).