£553,695
This estimated value is based upon the latest sale price for the house of £472,000 on 5 Oct 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 |
|---|---|
| £472,000 | 5 Oct 2020 |
| £395,000 | 12 Jan 2018 |
| Detached |
| Leasehold |
| Floor Area: 133 sq meters or 1,431 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 October 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £472,000 results in an estimated price of approximately £553,695.
| 5 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £472,000 | £81,695 | £553,695 |
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 | -4.872 % | £-22,997 | £449,002 |
| 3 Month Average | 4.317 % | £20,376 | £492,376 |
| 6 Month Average | 10.846 % | £51,194 | £523,194 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £588,716 | £580,000 | 87 CRANLEIGH DRIVE |
| 14 Jul 2023 | £380,116 | £375,000 | 12 NEWLYN DRIVE |
| 28 Jun 2023 | £468,171 | £462,500 | 79 NEWLYN DRIVE |
| 31 Jan 2023 | £477,750 | £480,000 | 51 DALEBROOK ROAD |
| 23 Jan 2023 | £522,539 | £525,000 | 59 DALEBROOK ROAD |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 11 May 2017. Using an estimated price of £553,695 means this house is valued at £4,163 per sq meter (£386 per sq foot).
The average size of a house on DALEBROOK ROAD is 119 sq meters (1,289 sq feet).