£166,846
This estimated value is based upon the latest sale price for the house of £162,500 on 27 May 2022. 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 |
|---|---|
| £162,500 | 27 May 2022 |
| £76,950 | 28 May 2004 |
| £37,200 | 28 Feb 2000 |
| Semi-Detached |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 May 2022 the House Price Index for GREATER MANCHESTER was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £162,500 results in an estimated price of approximately £166,846.
| 27 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £162,500 | £4,346 | £166,846 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | 25.025 % | £40,665 | £203,165 |
| 3 Month Average | 23.114 % | £37,559 | £200,059 |
| 6 Month Average | 8.649 % | £14,053 | £176,553 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Jun 2023 | £102,045 | £100,000 | 72 BARROW HILL ROAD |
| 28 Apr 2023 | £219,098 | £215,000 | 31 VENTURE SCOUT WAY |
| 24 Feb 2023 | £198,325 | £197,000 | 11 VENTURE SCOUT WAY |
| 13 Feb 2023 | £256,715 | £255,000 | 2E BARROW HILL ROAD |
| 24 Oct 2022 | £189,368 | £190,000 | 52 BARROW HILL ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 1 Jun 2021. Using an estimated price of £166,847 means this house is valued at £3,148 per sq meter (£292 per sq foot).
The average size of a house on VENTURE SCOUT WAY is 67 sq meters (723 sq feet).