£1,421,494
This estimated value is based upon the latest sale price for the house of £840,000 on 23 Nov 2012. 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 |
---|---|
£840,000 | 23 Nov 2012 |
£359,000 | 6 Dec 2001 |
Semi-Detached |
Freehold |
Floor Area: 293 sq meters or 3,153 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 November 2012 the House Price Index for GREATER MANCHESTER was 87.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.226%.Applying this 69.226% change to the original purchase price of £840,000 results in an estimated price of approximately £1,421,494.
23 Nov 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.8 | 148.6 | 69.226 % | £840,000 | £581,494 | £1,421,494 |
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 | 49.444 % | £415,328 | £1,255,328 |
3 Month Average | 31.351 % | £263,346 | £1,103,346 |
6 Month Average | 65.087 % | £546,734 | £1,386,734 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £687,021 | £675,000 | 26 BAMFORD ROAD |
15 Nov 2022 | £150,181 | £152,000 | 41 BAMFORD ROAD |
25 Feb 2022 | £880,903 | £840,000 | 9 HESKETH AVENUE |
17 Feb 2022 | £634,460 | £605,000 | 20 HESKETH AVENUE |
7 Jan 2022 | £536,728 | £510,000 | 35 BAMFORD ROAD |
This house has a floor area of 293 sq meters or 3,153 sq feet when measured on 3 May 2014. Using an estimated price of £1,421,495 means this house is valued at £4,851 per sq meter (£450 per sq foot).
The average size of a house on SPATH ROAD is 103 sq meters (1,112 sq feet).