£776,327
This estimated value is based upon the latest sale price for the house of £630,000 on 1 Nov 2018. 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 |
|---|---|
| £630,000 | 1 Nov 2018 |
| £330,000 | 26 Apr 2007 |
| £305,000 | 23 Feb 2004 |
| Detached |
| Freehold |
| Floor Area: 186 sq meters or 2,002 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 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £630,000 results in an estimated price of approximately £776,327.
| 1 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £630,000 | £146,327 | £776,327 |
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 | 55.653 % | £350,612 | £980,612 |
| 3 Month Average | 21.405 % | £134,850 | £764,850 |
| 6 Month Average | 20.892 % | £131,617 | £761,617 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £407,123 | £400,000 | 5 RIDLEY DRIVE |
| 14 Sep 2022 | £748,952 | £755,000 | 381 WASHWAY ROAD |
| 25 Feb 2022 | £388,017 | £370,000 | 41 LANGDALE ROAD |
| 4 Feb 2022 | £379,627 | £362,000 | 65 LANGDALE ROAD |
| 5 Nov 2021 | £519,127 | £480,000 | 31 LANGDALE ROAD |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 25 Jul 2018. Using an estimated price of £776,327 means this house is valued at £4,173 per sq meter (£387 per sq foot).
The average size of a house on WASHWAY ROAD is 120 sq meters (1,300 sq feet).