£509,639
This estimated value is based upon the latest sale price for the house of £475,000 on 24 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £475,000 | 24 Jun 2021 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 2021 the House Price Index for GREATER MANCHESTER was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £475,000 results in an estimated price of approximately £509,639.
| 24 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £475,000 | £34,639 | £509,639 |
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 | -6.634 % | £-31,509 | £443,490 |
| 3 Month Average | -4.839 % | £-22,986 | £452,013 |
| 6 Month Average | -0.572 % | £-2,716 | £472,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £317,780 | £315,000 | 15 STAMFORD STREET |
| 21 Jul 2023 | £466,276 | £460,000 | 95 GLEBELANDS ROAD |
| 10 Jul 2023 | £405,457 | £400,000 | 66 GLEBELANDS ROAD |
| 1 Mar 2023 | £403,804 | £400,000 | 2A MILTON GROVE |
| 8 Jun 2022 | £289,240 | £285,152 | 21 STAMFORD STREET |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 30 Jul 2020. Using an estimated price of £509,639 means this house is valued at £3,165 per sq meter (£294 per sq foot).
The average size of a house on RIVERSHILL is 204 sq meters (2,203 sq feet).