£500,229
This estimated value is based upon the latest sale price for the house of £350,000 on 24 Aug 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 |
|---|---|
| £350,000 | 24 Aug 2015 |
| £165,000 | 30 Mar 2001 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 August 2015 the House Price Index for GREATER MANCHESTER was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £350,000 results in an estimated price of approximately £500,229.
| 24 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £350,000 | £150,229 | £500,229 |
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 | 34.075 % | £119,261 | £469,261 |
| 3 Month Average | 42.765 % | £149,676 | £499,676 |
| 6 Month Average | 53.477 % | £187,169 | £537,169 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £502,797 | £494,000 | 23 HARROW DRIVE |
| 28 Nov 2023 | £370,485 | £365,000 | 3 WENLOCK ROAD |
| 23 Feb 2023 | £374,748 | £375,000 | 33 WENLOCK ROAD |
| 9 Feb 2023 | £449,697 | £450,000 | 49 MARFORD CRESCENT |
| 10 Oct 2022 | £766,744 | £775,000 | 34 WOODBOURNE ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 4 Mar 2015. Using an estimated price of £500,230 means this house is valued at £4,589 per sq meter (£426 per sq foot).
The average size of a house on WOODBOURNE ROAD is 121 sq meters (1,313 sq feet).