£1,004,305
This estimated value is based upon the latest sale price for the house of £600,000 on 15 Mar 2013. 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 |
---|---|
£600,000 | 15 Mar 2013 |
£480,000 | 3 Feb 2006 |
Detached |
Freehold |
Floor Area: 181 sq meters or 1,948 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 March 2013 the House Price Index for GREATER MANCHESTER was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.384%.Applying this 67.384% change to the original purchase price of £600,000 results in an estimated price of approximately £1,004,305.
15 Mar 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 148.6 | 67.384 % | £600,000 | £404,305 | £1,004,305 |
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 | 66.667 % | £400,002 | £1,000,002 |
3 Month Average | 65.432 % | £392,590 | £992,590 |
6 Month Average | 71.803 % | £430,820 | £1,030,820 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £207,655 | £205,000 | FLAT 6 SOUTHGATE COURT, 9 CHARLTON DRIVE |
7 Jul 2023 | £228,070 | £225,000 | FLAT 25 SOUTHGATE COURT, 9 CHARLTON DRIVE |
28 Jun 2023 | £197,391 | £195,000 | FLAT 12 PARKLANDS CHARLTON DRIVE |
30 Mar 2023 | £213,007 | £211,000 | FLAT 2 PARKLANDS CHARLTON DRIVE |
27 Jan 2023 | £145,315 | £146,000 | FLAT 5 HOMELEA, 8 CHARLTON DRIVE |
This house has a floor area of 181 sq meters or 1,948 sq feet when measured on 16 Oct 2012. Using an estimated price of £1,004,305 means this house is valued at £5,548 per sq meter (£515 per sq foot).
There is one other house on the street which we know the size of, this is PARK LODGE CHELTENHAM DRIVE it is 113.0