£491,331
This estimated value is based upon the latest sale price for the house of £330,000 on 13 Feb 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 |
|---|---|
| £330,000 | 13 Feb 2015 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 February 2015 the House Price Index for GREATER MANCHESTER was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £330,000 results in an estimated price of approximately £491,331.
| 13 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £330,000 | £161,331 | £491,331 |
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 | 131.186 % | £432,912 | £762,912 |
| 3 Month Average | 67.975 % | £224,317 | £554,317 |
| 6 Month Average | 54.913 % | £181,213 | £511,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £345,305 | £340,000 | 3A WOODHOUSE LANE |
| 21 Dec 2023 | £484,900 | £470,000 | 2 MAYFAIR DRIVE |
| 20 Oct 2023 | £680,455 | £665,000 | 5 FIELDVALE ROAD |
| 15 Jul 2022 | £535,364 | £530,000 | 2 WOODHOUSE LANE |
| 25 May 2022 | £365,009 | £355,500 | 11 LANGDALE ROAD |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 26 Aug 2015. Using an estimated price of £491,331 means this house is valued at £3,090 per sq meter (£287 per sq foot).
The average size of a house on WASHWAY ROAD is 120 sq meters (1,300 sq feet).