£406,718
This estimated value is based upon the latest sale price for the house of £242,500 on 24 Apr 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 |
---|---|
£242,500 | 24 Apr 2013 |
£234,500 | 27 Jul 2007 |
£184,000 | 13 Jun 2005 |
£53,000 | 25 Nov 1997 |
Terraced |
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 April 2013 the House Price Index for GREATER MANCHESTER was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.719%.Applying this 67.719% change to the original purchase price of £242,500 results in an estimated price of approximately £406,718.
24 Apr 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 148.6 | 67.719 % | £242,500 | £164,218 | £406,718 |
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 | 72.793 % | £176,523 | £419,023 |
3 Month Average | 70.057 % | £169,888 | £412,388 |
6 Month Average | 74.083 % | £179,650 | £422,150 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £303,885 | £300,000 | 22 GREENBANK ROAD |
30 Aug 2023 | £610,339 | £605,000 | 34 ENNERDALE DRIVE |
12 Jul 2023 | £344,638 | £340,000 | 10 FARMFIELD |
31 Jan 2023 | £505,618 | £508,000 | 21 ENNERDALE DRIVE |
17 Nov 2022 | £291,469 | £295,000 | 10 HALL AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 6 Nov 2012. Using an estimated price of £406,718 means this house is valued at £4,108 per sq meter (£381 per sq foot).
The average size of a house on CARRINGTON LANE is 88 sq meters (951 sq feet).