£514,620
This estimated value is based upon the latest sale price for the house of £350,000 on 29 May 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 |
|---|---|
| £350,000 | 29 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,177 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 May 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £350,000 results in an estimated price of approximately £514,620.
| 29 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £350,000 | £164,620 | £514,620 |
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 | 60.144 % | £210,504 | £560,504 |
| 3 Month Average | 73.496 % | £257,236 | £607,236 |
| 6 Month Average | 60.185 % | £210,648 | £560,648 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £515,000 | £515,000 | 5 BRADDAN AVENUE |
| 25 Oct 2023 | £473,248 | £462,500 | 11 GRASMERE ROAD |
| 30 Mar 2023 | £465,270 | £457,500 | 2 GRASMERE ROAD |
| 10 Jan 2023 | £431,152 | £430,000 | 24 CUMBERLAND ROAD |
| 22 Jun 2022 | £468,004 | £458,000 | 11 BRADDAN AVENUE |
This house has a floor area of 109 sq meters or 1,177 sq feet when measured on 6 May 2011. Using an estimated price of £514,620 means this house is valued at £4,704 per sq meter (£437 per sq foot).
The average size of a house on ROWAN AVENUE is 208 sq meters (2,242 sq feet).
This house is the smallest in the street with a floor area of 109 sq meters (1,177 sq feet).