£325,431
This estimated value is based upon the latest sale price for the house of £63,000 on 12 May 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 |
|---|---|
| £63,000 | 12 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 1997 the House Price Index for GREATER MANCHESTER was 28.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 416.558%.Applying this 416.558% change to the original purchase price of £63,000 results in an estimated price of approximately £325,431.
| 12 May 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.8 | 148.6 | 416.558 % | £63,000 | £262,431 | £325,431 |
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 | 314.046 % | £197,849 | £260,849 |
| 3 Month Average | 309.189 % | £194,789 | £257,789 |
| 6 Month Average | 398.688 % | £251,173 | £314,173 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £160,046 | £158,000 | FLAT 2 70 NORTHEN GROVE |
| 8 Jun 2022 | £243,440 | £240,000 | 4A WARWICK AVENUE |
| 21 Apr 2022 | £545,794 | £530,000 | 4 KENILWORTH AVENUE |
| 18 Mar 2022 | £813,466 | £785,000 | 39 NORTHEN GROVE |
| 17 Mar 2022 | £362,174 | £349,500 | 38 NORTHEN GROVE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 8 Feb 2019. Using an estimated price of £325,431 means this house is valued at £2,542 per sq meter (£236 per sq foot).
The average size of a house on BURTON ROAD is 100 sq meters (1,086 sq feet).