£347,440
This estimated value is based upon the latest sale price for the house of £300,500 on 22 Dec 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 |
|---|---|
| £300,500 | 22 Dec 2020 |
| £255,000 | 24 Jun 2016 |
| £67,950 | 5 Oct 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 December 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £300,500 results in an estimated price of approximately £347,440.
| 22 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £300,500 | £46,940 | £347,440 |
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 | 16.885 % | £50,739 | £351,239 |
| 3 Month Average | 6.320 % | £18,991 | £319,491 |
| 6 Month Average | 5.303 % | £15,936 | £316,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £264,720 | £258,000 | 5 PRINCES DRIVE |
| 11 Aug 2023 | £239,316 | £235,000 | 72 MARSLAND ROAD |
| 1 Aug 2023 | £448,082 | £440,000 | 5 MOORFIELD GROVE |
| 5 Apr 2023 | £545,197 | £535,000 | 74 MARSLAND ROAD |
| 10 Mar 2023 | £254,246 | £250,000 | FLAT 3 ADDISON GRANGE, 27B PRINCES ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 24 Sep 2012. Using an estimated price of £347,441 means this house is valued at £3,993 per sq meter (£371 per sq foot).
The average size of a house on MARSLAND ROAD is 116 sq meters (1,255 sq feet).