£497,965
This estimated value is based upon the latest sale price for the house of £351,000 on 14 Sep 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 |
|---|---|
| £351,000 | 14 Sep 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2015 the House Price Index for GREATER MANCHESTER was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £351,000 results in an estimated price of approximately £497,965.
| 14 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £351,000 | £146,965 | £497,965 |
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 | 25.093 % | £88,075 | £439,075 |
| 3 Month Average | 9.431 % | £33,102 | £384,102 |
| 6 Month Average | 38.308 % | £134,462 | £485,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2023 | £964,083 | £955,000 | 30 SANDILEIGH AVENUE |
| 23 Nov 2022 | £790,426 | £800,000 | 4 THE CIRCUIT |
| 26 Aug 2022 | £149,597 | £150,000 | FLAT 3 4 WOLSELEY PLACE |
| 5 Aug 2022 | £475,719 | £477,000 | 24 MAYVILLE DRIVE |
| 30 May 2022 | £458,660 | £450,018 | 4 MAYVILLE DRIVE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 18 Jun 2015. Using an estimated price of £497,966 means this house is valued at £5,297 per sq meter (£492 per sq foot).
The average size of a house on MAYVILLE DRIVE is 133 sq meters (1,434 sq feet).
This house is the smallest in the street with a floor area of 94 sq meters (1,011 sq feet).