£418,355
This estimated value is based upon the latest sale price for the house of £250,000 on 16 May 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 |
---|---|
£250,000 | 16 May 2013 |
£67,500 | 6 Feb 1998 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 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 67.342%.Applying this 67.342% change to the original purchase price of £250,000 results in an estimated price of approximately £418,355.
16 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 148.6 | 67.342 % | £250,000 | £168,355 | £418,355 |
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 | 71.780 % | £179,448 | £429,448 |
3 Month Average | 70.478 % | £176,195 | £426,195 |
6 Month Average | 75.025 % | £187,561 | £437,561 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Sep 2023 | £476,087 | £470,000 | 8 LEITH AVENUE |
2 Jun 2023 | £450,456 | £445,000 | 24 LEITH ROAD |
3 Mar 2023 | £439,137 | £435,000 | 166 BROAD ROAD |
10 Feb 2023 | £699,529 | £700,000 | 6 THOROLD GROVE |
18 Nov 2022 | £355,692 | £360,000 | 216 DANE ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 18 Feb 2013. Using an estimated price of £418,356 means this house is valued at £4,225 per sq meter (£392 per sq foot).
The average size of a house on THOROLD GROVE is 116 sq meters (1,258 sq feet).