£313,153
This estimated value is based upon the latest sale price for the house of £260,000 on 20 Mar 2020. 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 | 20 Mar 2020 |
| Terraced |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 2020 the House Price Index for GREATER MANCHESTER was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £260,000 results in an estimated price of approximately £313,153.
| 20 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £260,000 | £53,153 | £313,153 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 40.760 % | £105,976 | £365,976 |
| 3 Month Average | -10.284 % | £-26,739 | £233,260 |
| 6 Month Average | 9.707 % | £25,239 | £285,239 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jul 2022 | £259,699 | £259,000 | FLAT 7 WINDSOR HOUSE, 2 OLIVE SHAPLEY AVENUE |
| 30 Jun 2022 | £339,295 | £334,500 | 17 WINIFRED ROAD |
| 17 Feb 2022 | £267,417 | £255,000 | FLAT 12 WINDSOR HOUSE, 2 OLIVE SHAPLEY AVENUE |
| 14 Feb 2022 | £346,069 | £330,000 | 59 SCHOOL LANE |
| 28 Jan 2022 | £389,391 | £370,000 | 36 SCHOOL LANE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 1 Nov 2019. Using an estimated price of £313,154 means this house is valued at £4,673 per sq meter (£434 per sq foot).
The average size of a house on WINIFRED ROAD is 82 sq meters (886 sq feet).