£121,823
This estimated value is based upon the latest sale price for the house of £69,950 on 12 Oct 2011. 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 |
|---|---|
| £69,950 | 12 Oct 2011 |
| £53,495 | 23 May 2003 |
| Terraced |
| Leasehold |
| Floor Area: 54 sq meters or 590 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 October 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.158%.Applying this 74.158% change to the original purchase price of £69,950 results in an estimated price of approximately £121,823.
| 12 Oct 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.158 % | £69,950 | £51,873 | £121,823 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 62.214 % | £43,518 | £113,468 |
| 3 Month Average | 87.997 % | £61,554 | £131,504 |
| 6 Month Average | 89.756 % | £62,784 | £132,734 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £180,533 | £175,950 | 21 FAIRY LANE |
| 28 Feb 2023 | £176,177 | £175,000 | 19 JAMESON CLOSE |
| 25 Nov 2022 | £139,348 | £140,000 | 3 STONEFIELD DRIVE |
| 25 Nov 2022 | £139,348 | £140,000 | 21 STONEFIELD DRIVE |
| 8 Jul 2022 | £177,781 | £176,000 | 17 STONEFIELD DRIVE |
This house has a floor area of 54 sq meters or 590 sq feet when measured on 10 Jan 2009. Using an estimated price of £121,824 means this house is valued at £2,219 per sq meter (£206 per sq foot).
The average size of a house on STONEFIELD DRIVE is 71 sq meters (772 sq feet).