£394,596
This estimated value is based upon the latest sale price for the house of £119,000 on 2 Aug 2001. 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 |
|---|---|
| £119,000 | 2 Aug 2001 |
| £62,000 | 9 Jan 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2001 the House Price Index for GREATER MANCHESTER was 44.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 231.594%.Applying this 231.594% change to the original purchase price of £119,000 results in an estimated price of approximately £394,596.
| 2 Aug 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 148.6 | 231.594 % | £119,000 | £275,596 | £394,596 |
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 | 211.772 % | £252,009 | £371,009 |
| 3 Month Average | 209.164 % | £248,905 | £367,905 |
| 6 Month Average | 223.240 % | £265,655 | £384,655 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £400,116 | £395,000 | 43 WOODHOUSE LANE |
| 15 Jun 2023 | £389,721 | £385,000 | 30 ALMA ROAD |
| 12 Apr 2023 | £207,231 | £205,000 | 7 ALMA ROAD |
| 29 Nov 2022 | £227,247 | £230,000 | 23 ALMA ROAD |
| 4 Nov 2022 | £553,298 | £560,000 | 11 MEADWAY |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 13 Aug 2019. Using an estimated price of £394,597 means this house is valued at £4,068 per sq meter (£377 per sq foot).
The average size of a house on WOODHOUSE LANE is 124 sq meters (1,345 sq feet).