£428,384
This estimated value is based upon the latest sale price for the house of £295,000 on 5 Jun 2015. 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 |
|---|---|
| £295,000 | 5 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 June 2015 the House Price Index for GREATER MANCHESTER was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £295,000 results in an estimated price of approximately £428,384.
| 5 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £295,000 | £133,384 | £428,384 |
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 | 31.309 % | £92,361 | £387,361 |
| 3 Month Average | 53.728 % | £158,498 | £453,498 |
| 6 Month Average | 61.539 % | £181,539 | £476,539 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £615,384 | £610,000 | 6 WOOD ROAD |
| 24 Mar 2023 | £409,861 | £406,000 | 227 WOODHOUSE LANE EAST |
| 20 Feb 2023 | £324,781 | £325,000 | 203A WOODHOUSE LANE EAST |
| 7 Oct 2022 | £613,395 | £620,000 | 2 SWAYLANDS DRIVE |
| 26 Aug 2022 | £458,765 | £460,000 | 25 SWAYLANDS DRIVE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 16 Feb 2015. Using an estimated price of £428,384 means this house is valued at £3,630 per sq meter (£337 per sq foot).
The average size of a house on WOOD ROAD is 131 sq meters (1,417 sq feet).