£724,666
This estimated value is based upon the latest sale price for the house of £550,000 on 11 Nov 2016. 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 |
|---|---|
| £550,000 | 11 Nov 2016 |
| £100,000 | 23 May 1997 |
| Detached |
| Freehold |
| Floor Area: 214 sq meters or 2,303 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 2016 the House Price Index for GREATER MANCHESTER was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £550,000 results in an estimated price of approximately £724,666.
| 11 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £550,000 | £174,666 | £724,666 |
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 | 22.581 % | £124,197 | £674,197 |
| 3 Month Average | 24.504 % | £134,772 | £684,772 |
| 6 Month Average | 32.183 % | £177,004 | £727,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £478,370 | £470,000 | 2 MAYFAIR DRIVE |
| 15 Jul 2022 | £531,431 | £530,000 | 2 WOODHOUSE LANE |
| 25 May 2022 | £362,327 | £355,500 | 11 LANGDALE ROAD |
| 20 Dec 2021 | £267,844 | £250,000 | 2A EASTWAY |
| 3 Dec 2021 | £454,264 | £424,000 | 16 FIELDVALE ROAD |
This house has a floor area of 214 sq meters or 2,303 sq feet when measured on 9 Sep 2016. Using an estimated price of £724,667 means this house is valued at £3,386 per sq meter (£314 per sq foot).
The average size of a house on WASHWAY ROAD is 120 sq meters (1,300 sq feet).