£240,145
This estimated value is based upon the latest sale price for the house of £65,500 on 30 Nov 2000. 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 |
---|---|
£65,500 | 30 Nov 2000 |
Semi-Detached |
Freehold |
Floor Area: 73 sq meters or 785 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 2000 the House Price Index for GREATER MANCHESTER was 40.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 266.635%.Applying this 266.635% change to the original purchase price of £65,500 results in an estimated price of approximately £240,145.
30 Nov 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.8 | 149.7 | 266.635 % | £65,500 | £174,645 | £240,145 |
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 | 379.284 % | £248,431 | £313,931 |
3 Month Average | 293.299 % | £192,110 | £257,610 |
6 Month Average | 260.278 % | £170,481 | £235,981 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £294,525 | £290,000 | 47 NEWGATE ROAD |
20 Dec 2023 | £321,891 | £312,000 | 10 WESTBURY AVENUE |
3 Nov 2023 | £348,855 | £340,000 | 32 WESTBURY AVENUE |
11 Oct 2023 | £291,623 | £285,000 | 40 NEWGATE ROAD |
4 Aug 2023 | £292,781 | £287,500 | 16 ST ANDREWS CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 5 Mar 2014. Using an estimated price of £240,146 means this house is valued at £3,289 per sq meter (£305 per sq foot).
The average size of a house on WESTBURY AVENUE is 75 sq meters (812 sq feet).