£308,832
This estimated value is based upon the latest sale price for the house of £240,000 on 8 May 2017. 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 |
|---|---|
| £240,000 | 8 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2017 the House Price Index for GREATER MANCHESTER was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £240,000 results in an estimated price of approximately £308,832.
| 8 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £240,000 | £68,832 | £308,832 |
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 | 72.245 % | £173,387 | £413,387 |
| 3 Month Average | 52.208 % | £125,298 | £365,298 |
| 6 Month Average | 58.366 % | £140,078 | £380,078 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £349,468 | £345,000 | 17 FARRIER CLOSE |
| 19 Sep 2023 | £486,217 | £480,000 | 4 THRESHER CLOSE |
| 15 Sep 2023 | £215,252 | £212,500 | 1 FARRIER CLOSE |
| 3 Jul 2023 | £628,458 | £620,000 | 2 THRESHER CLOSE |
| 16 Jun 2023 | £311,270 | £307,500 | 438 NORRIS ROAD |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 26 Oct 2016. Using an estimated price of £308,833 means this house is valued at £3,027 per sq meter (£281 per sq foot).
The average size of a house on NORTHENDEN ROAD is 95 sq meters (1,033 sq feet).