£440,702
This estimated value is based upon the latest sale price for the house of £356,600 on 11 Dec 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 |
|---|---|
| £356,600 | 11 Dec 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £356,600 results in an estimated price of approximately £440,702.
| 11 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £356,600 | £84,102 | £440,702 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 54.944 % | £195,931 | £552,531 |
| 3 Month Average | 30.574 % | £109,025 | £465,625 |
| 6 Month Average | 14.725 % | £52,509 | £409,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £560,102 | £550,000 | 8 FERNDENE ROAD |
| 18 Aug 2023 | £597,782 | £587,000 | 2 MARDALE AVENUE |
| 1 Aug 2023 | £559,084 | £549,000 | 15 PARKVILLE ROAD |
| 29 Jun 2023 | £578,595 | £567,000 | 28 FERNDENE ROAD |
| 23 Mar 2023 | £539,001 | £530,000 | 13 FERNDENE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 20 Sep 2019. Using an estimated price of £440,702 means this house is valued at £4,407 per sq meter (£409 per sq foot).
The average size of a house on FERNDENE ROAD is 121 sq meters (1,311 sq feet).
This house is the smallest in the street with a floor area of 100 sq meters (1,076 sq feet).