£578,944
This estimated value is based upon the latest sale price for the house of £349,950 on 31 Jan 2007. 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 |
|---|---|
| £349,950 | 31 Jan 2007 |
| Detached |
| Freehold |
| Floor Area: 169 sq meters or 1,819 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 January 2007 the House Price Index for GREATER MANCHESTER was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £349,950 results in an estimated price of approximately £578,944.
| 31 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 149.7 | 65.436 % | £349,950 | £228,994 | £578,944 |
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 | 98.252 % | £343,834 | £693,784 |
| 3 Month Average | 88.431 % | £309,463 | £659,413 |
| 6 Month Average | 78.801 % | £275,763 | £625,713 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2024 | £590,000 | £590,000 | 54 POPLAR GROVE |
| 15 Dec 2023 | £330,145 | £320,000 | 3 SOUTH GROVE |
| 3 Mar 2023 | £335,605 | £330,000 | AN PHOINTE, 10 SOUTH GROVE |
| 24 Aug 2022 | £577,701 | £575,000 | 31 POPLAR GROVE |
| 5 Aug 2022 | £502,349 | £500,000 | 25 SOUTH GROVE |
This house has a floor area of 169 sq meters or 1,819 sq feet when measured on 27 Mar 2017. Using an estimated price of £578,944 means this house is valued at £3,425 per sq meter (£318 per sq foot).
The average size of a house on NORMAN ROAD is 152 sq meters (1,640 sq feet).