£533,094
This estimated value is based upon the latest sale price for the house of £373,000 on 11 Sep 2015. 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 |
---|---|
£373,000 | 11 Sep 2015 |
£98,000 | 18 Dec 1998 |
Detached |
Freehold |
Floor Area: 139 sq meters or 1,496 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 September 2015 the House Price Index for GREATER MANCHESTER was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £373,000 results in an estimated price of approximately £533,094.
11 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 149.7 | 42.921 % | £373,000 | £160,094 | £533,094 |
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 | 84.790 % | £316,267 | £689,267 |
3 Month Average | 54.739 % | £204,175 | £577,175 |
6 Month Average | 47.709 % | £177,953 | £550,953 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £403,904 | £395,000 | 43 WOODHOUSE LANE |
15 Jun 2023 | £392,873 | £385,000 | 30 ALMA ROAD |
12 Apr 2023 | £208,907 | £205,000 | 7 ALMA ROAD |
23 Feb 2023 | £614,102 | £610,000 | 23 ASHLEY DRIVE |
29 Nov 2022 | £228,930 | £230,000 | 23 ALMA ROAD |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 15 May 2012. Using an estimated price of £533,094 means this house is valued at £3,835 per sq meter (£356 per sq foot).
The average size of a house on WOODHOUSE LANE is 124 sq meters (1,345 sq feet).