£195,375
This estimated value is based upon the latest sale price for the house of £36,610 on 24 Jan 1997. 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 |
---|---|
£36,610 | 24 Jan 1997 |
Detached |
Leasehold |
Floor Area: 114 sq meters or 1,227 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 1997 the House Price Index for GREATER MANCHESTER was 27.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 433.667%.Applying this 433.667% change to the original purchase price of £36,610 results in an estimated price of approximately £195,375.
24 Jan 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.8 | 148.6 | 433.667 % | £36,610 | £158,765 | £195,375 |
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 | 396.075 % | £145,002 | £181,612 |
3 Month Average | 419.140 % | £153,447 | £190,057 |
6 Month Average | 428.598 % | £156,909 | £193,519 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Sep 2023 | £389,986 | £385,000 | 1 GREENOAK DRIVE |
20 Jun 2023 | £424,138 | £419,000 | 19 GREENOAK DRIVE |
10 Jun 2022 | £59,846 | £59,000 | FLAT 4 ELLAN BROOK LODGE, 157 BROOKLANDS ROAD |
14 Apr 2022 | £429,426 | £417,000 | 11 BROMLEY ROAD |
5 Nov 2021 | £466,132 | £431,000 | 19 BROMLEY ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 19 Dec 2019. Using an estimated price of £195,376 means this house is valued at £1,713 per sq meter (£159 per sq foot).
The average size of a house on CRADDOCK ROAD is 105 sq meters (1,130 sq feet).