£594,558
This estimated value is based upon the latest sale price for the house of £416,000 on 28 Aug 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 |
---|---|
£416,000 | 28 Aug 2015 |
£120,000 | 8 Dec 2000 |
Detached |
Freehold |
Floor Area: 271 sq meters or 2,917 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 August 2015 the House Price Index for GREATER MANCHESTER was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £416,000 results in an estimated price of approximately £594,558.
28 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.0 | 148.6 | 42.923 % | £416,000 | £178,558 | £594,558 |
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 | 34.075 % | £141,751 | £557,751 |
3 Month Average | 42.765 % | £177,901 | £593,901 |
6 Month Average | 53.477 % | £222,463 | £638,463 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jul 2023 | £202,729 | £200,000 | APARTMENT 3 DEVONSHIRE COURT, 7 DERBYSHIRE ROAD SOUTH |
21 Apr 2023 | £419,517 | £415,000 | 5 WINDERMERE AVENUE |
10 Feb 2023 | £224,849 | £225,000 | APARTMENT 7 DEVONSHIRE COURT, 7 DERBYSHIRE ROAD SOUTH |
17 May 2022 | £507,054 | £497,500 | 103 MARSLAND ROAD |
29 Apr 2022 | £257,707 | £250,250 | APARTMENT 15 DEVONSHIRE COURT, 7 DERBYSHIRE ROAD SOUTH |
This house has a floor area of 271 sq meters or 2,917 sq feet when measured on 8 Feb 2017. Using an estimated price of £594,559 means this house is valued at £2,193 per sq meter (£203 per sq foot).
The average size of a house on DERBYSHIRE ROAD SOUTH is 95 sq meters (1,028 sq feet).
This house is the largest in the street with a floor area of 271 sq meters (2,917 sq feet).