£891,734
This estimated value is based upon the latest sale price for the house of £800,000 on 15 Oct 2021. 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 |
|---|---|
| £800,000 | 15 Oct 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 October 2021 the House Price Index for GREATER MANCHESTER was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £800,000 results in an estimated price of approximately £891,734.
| 15 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £800,000 | £91,734 | £891,734 |
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 | 35.984 % | £287,875 | £1,087,875 |
| 3 Month Average | 13.007 % | £104,055 | £904,055 |
| 6 Month Average | 1.967 % | £15,735 | £815,735 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £412,681 | £400,000 | 5 RIDLEY DRIVE |
| 20 Oct 2023 | £562,782 | £550,000 | 38 LANGDALE ROAD |
| 14 Sep 2022 | £754,496 | £755,000 | 381 WASHWAY ROAD |
| 25 Feb 2022 | £390,889 | £370,000 | 41 LANGDALE ROAD |
| 4 Feb 2022 | £382,438 | £362,000 | 65 LANGDALE ROAD |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 4 Sep 2014. Using an estimated price of £891,735 means this house is valued at £6,192 per sq meter (£575 per sq foot).
The average size of a house on WASHWAY ROAD is 120 sq meters (1,300 sq feet).