£312,875
This estimated value is based upon the latest sale price for the house of £255,000 on 13 Sep 2019. 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 |
|---|---|
| £255,000 | 13 Sep 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 September 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £255,000 results in an estimated price of approximately £312,875.
| 13 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £255,000 | £57,875 | £312,875 |
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 | 4.601 % | £11,732 | £266,732 |
| 3 Month Average | -4.110 % | £-10,480 | £244,519 |
| 6 Month Average | 12.645 % | £32,244 | £287,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Aug 2022 | £284,235 | £285,000 | 72 HEATON ROAD |
| 20 Jun 2022 | £1,116 | £1,100 | 6 CHATTERTON CLOSE |
| 5 May 2022 | £407,682 | £400,000 | 1J COTTON LANE |
| 12 Nov 2021 | £389,345 | £360,000 | 8 HARCOMBE ROAD |
| 17 Sep 2021 | £378,235 | £351,000 | 1 HARCOMBE ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 31 Jul 2019. Using an estimated price of £312,876 means this house is valued at £4,011 per sq meter (£372 per sq foot).
The average size of a house on ALVERSTONE ROAD is 98 sq meters (1,059 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).