£300,449
This estimated value is based upon the latest sale price for the house of £163,900 on 1 Aug 2005. 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 |
---|---|
£163,900 | 1 Aug 2005 |
Semi-Detached |
Freehold |
Floor Area: 100 sq meters or 1,076 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 August 2005 the House Price Index for GREATER MANCHESTER was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £163,900 results in an estimated price of approximately £300,449.
1 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
81.1 | 148.6 | 83.313 % | £163,900 | £136,549 | £300,449 |
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 | 75.231 % | £123,303 | £287,203 |
3 Month Average | 71.834 % | £117,736 | £281,636 |
6 Month Average | 80.038 % | £131,182 | £295,082 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £480,406 | £472,000 | 3 RUTLAND LANE |
17 Aug 2023 | £343,001 | £340,000 | 27 WORTHINGTON ROAD |
31 Mar 2023 | £429,042 | £425,000 | 2A RUTLAND LANE |
14 Feb 2023 | £367,753 | £368,000 | 29 WYTHENSHAWE ROAD |
3 Nov 2022 | £481,666 | £487,500 | 4 WYTHENSHAWE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 25 Oct 2013. Using an estimated price of £300,450 means this house is valued at £3,004 per sq meter (£279 per sq foot).
The average size of a house on WORTHINGTON ROAD is 106 sq meters (1,143 sq feet).