£145,321
This estimated value is based upon the latest sale price for the house of £120,000 on 17 Jun 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 |
|---|---|
| £120,000 | 17 Jun 2020 |
| £140,000 | 17 Nov 2011 |
| Semi-Detached |
| Leasehold |
| Floor Area: 124 sq meters or 1,334 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 June 2020 the House Price Index for GREATER MANCHESTER was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £120,000 results in an estimated price of approximately £145,321.
| 17 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £120,000 | £25,321 | £145,321 |
The Postcode Pricing Model uses changes in average sales price within the M23 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 | -6.588 % | £-7,906 | £112,093 |
| 3 Month Average | 77.729 % | £93,274 | £213,274 |
| 6 Month Average | 56.426 % | £67,710 | £187,710 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £293,556 | £290,000 | 47 SANDACRE ROAD |
| 14 Nov 2022 | £339,883 | £344,000 | 1 SPINNEY ROAD |
| 3 Nov 2022 | £666,922 | £675,000 | 459 ALTRINCHAM ROAD |
| 1 Aug 2022 | £264,289 | £265,000 | 50 SPINNEY ROAD |
| 24 May 2022 | £300,665 | £295,000 | 10 SANDACRE ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 24 Mar 2020. Using an estimated price of £145,322 means this house is valued at £1,171 per sq meter (£108 per sq foot).
The average size of a house on SPINNEY ROAD is 93 sq meters (1,011 sq feet).