£172,092
This estimated value is based upon the latest sale price for the house of £114,950 on 24 Oct 2014. 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 |
|---|---|
| £114,950 | 24 Oct 2014 |
| £88,000 | 8 Apr 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 October 2014 the House Price Index for GREATER MANCHESTER was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £114,950 results in an estimated price of approximately £172,092.
| 24 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £114,950 | £57,142 | £172,092 |
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 | 33.004 % | £37,937 | £152,887 |
| 3 Month Average | 16.742 % | £19,244 | £134,194 |
| 6 Month Average | 44.627 % | £51,298 | £166,248 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £292,559 | £290,000 | 543 PRINCESS ROAD |
| 31 Jul 2023 | £283,820 | £280,000 | 1 STIRLING AVENUE |
| 14 Jul 2023 | £283,604 | £279,787 | 39 WRENBURY AVENUE |
| 28 Feb 2023 | £243,336 | £243,500 | 115 WHITCHURCH ROAD |
| 9 Sep 2022 | £251,469 | £253,500 | 118 WHITCHURCH ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 5 Aug 2014. Using an estimated price of £172,092 means this house is valued at £2,688 per sq meter (£249 per sq foot).
The average size of a house on WRENBURY AVENUE is 91 sq meters (989 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).