£225,113
This estimated value is based upon the latest sale price for the house of £180,968 on 20 Jun 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 |
|---|---|
| £180,968 | 20 Jun 2018 |
| £300,000 | 1 Apr 2015 |
| £129,000 | 28 Jun 2002 |
| Semi-Detached |
| Freehold |
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 2018 the House Price Index for GREATER MANCHESTER was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £180,968 results in an estimated price of approximately £225,113.
| 20 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £180,968 | £44,145 | £225,113 |
The Postcode Pricing Model uses changes in average sales price within the M25 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 | 22.565 % | £40,835 | £221,803 |
| 3 Month Average | 32.703 % | £59,181 | £240,149 |
| 6 Month Average | 28.818 % | £52,151 | £233,119 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £311,270 | £307,500 | 18 LICHFIELD DRIVE |
| 27 Apr 2023 | £505,442 | £500,000 | 13 LANCASTER DRIVE |
| 12 May 2022 | £346,529 | £340,000 | 4 LANCASTER DRIVE |
| 26 Apr 2022 | £444,873 | £432,000 | 19 HEREFORD DRIVE |
| 25 Apr 2022 | £329,536 | £320,000 | 5 LANCASTER DRIVE |