£531,672
This estimated value is based upon the latest sale price for the house of £431,000 on 18 Dec 2018. 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 |
|---|---|
| £431,000 | 18 Dec 2018 |
| Semi-Detached |
| Leasehold |
| Floor Area: 134 sq meters or 1,442 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 December 2018 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £431,000 results in an estimated price of approximately £531,672.
| 18 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £431,000 | £100,672 | £531,672 |
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 | 5.302 % | £22,851 | £453,851 |
| 3 Month Average | 24.451 % | £105,385 | £536,385 |
| 6 Month Average | 29.802 % | £128,446 | £559,446 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £500,000 | £500,000 | 57 MARFORD CRESCENT |
| 5 Dec 2023 | £437,658 | £430,000 | 101 MARFORD CRESCENT |
| 10 Mar 2023 | £252,378 | £250,000 | 66 MARFORD CRESCENT |
| 9 Feb 2023 | £449,697 | £450,000 | 49 MARFORD CRESCENT |
| 30 Jan 2023 | £383,195 | £385,000 | 60 MARFORD CRESCENT |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 27 Jul 2015. Using an estimated price of £531,673 means this house is valued at £3,967 per sq meter (£368 per sq foot).
The average size of a house on MARFORD CRESCENT is 108 sq meters (1,164 sq feet).