£349,765
This estimated value is based upon the latest sale price for the house of £281,500 on 2 Jul 2019. 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 |
|---|---|
| £281,500 | 2 Jul 2019 |
| Semi-Detached |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 July 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £281,500 results in an estimated price of approximately £349,765.
| 2 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £281,500 | £68,265 | £349,765 |
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 | 60.980 % | £171,659 | £453,159 |
| 3 Month Average | 28.257 % | £79,542 | £361,042 |
| 6 Month Average | 27.995 % | £78,806 | £360,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £736,395 | £730,000 | 1 CORNHEY ROAD |
| 7 Dec 2023 | £484,900 | £470,000 | 27 FULMAR DRIVE |
| 7 Nov 2023 | £1,129 | £1,100 | 73 CHERRY LANE |
| 29 Sep 2023 | £394,701 | £386,000 | 16 GLENCOE DRIVE |
| 15 Sep 2023 | £380,897 | £372,500 | 36 BRAEMAR DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 21 Jun 2018. Using an estimated price of £349,765 means this house is valued at £4,067 per sq meter (£377 per sq foot).
The average size of a house on FULMAR DRIVE is 99 sq meters (1,068 sq feet).