£379,299
This estimated value is based upon the latest sale price for the house of £300,000 on 19 Jan 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 |
|---|---|
| £300,000 | 19 Jan 2018 |
| £150,000 | 20 Aug 2004 |
| £53,000 | 5 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 January 2018 the House Price Index for GREATER MANCHESTER was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £300,000 results in an estimated price of approximately £379,299.
| 19 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £300,000 | £79,299 | £379,299 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 169.603 % | £508,808 | £808,808 |
| 3 Month Average | 54.222 % | £162,665 | £462,665 |
| 6 Month Average | 38.960 % | £116,880 | £416,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £248,647 | £243,000 | 27 THORN GROVE |
| 9 Oct 2023 | £243,019 | £237,500 | 14 CEDAR GROVE |
| 19 Sep 2023 | £818 | £800 | 1 ROSE COTTAGES LADYBARN LANE |
| 24 Aug 2023 | £218,949 | £215,000 | 19 THORN GROVE |
| 28 Mar 2023 | £310,180 | £305,000 | 28 LEES HALL CRESCENT |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 3 Apr 2012. Using an estimated price of £379,299 means this house is valued at £3,241 per sq meter (£301 per sq foot).
The average size of a house on CEDAR GROVE is 99 sq meters (1,066 sq feet).