£359,843
This estimated value is based upon the latest sale price for the house of £260,000 on 4 Dec 2015. 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 |
|---|---|
| £260,000 | 4 Dec 2015 |
| Semi-Detached |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 December 2015 the House Price Index for GREATER MANCHESTER was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £260,000 results in an estimated price of approximately £359,843.
| 4 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £260,000 | £99,843 | £359,843 |
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 | 17.914 % | £46,575 | £306,575 |
| 3 Month Average | 55.088 % | £143,228 | £403,228 |
| 6 Month Average | 49.936 % | £129,833 | £389,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £370,485 | £365,000 | 3 WENLOCK ROAD |
| 23 Feb 2023 | £374,748 | £375,000 | 33 WENLOCK ROAD |
| 6 Jan 2023 | £338,406 | £340,000 | 47 ARCADIA AVENUE |
| 12 Aug 2022 | £364,020 | £365,000 | 17 SHREWSBURY ROAD |
| 16 Jun 2022 | £329,659 | £325,000 | 100 ARCADIA AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 14 Sep 2015. Using an estimated price of £359,844 means this house is valued at £4,043 per sq meter (£375 per sq foot).
The average size of a house on WENLOCK ROAD is 128 sq meters (1,386 sq feet).