£530,873
This estimated value is based upon the latest sale price for the house of £305,000 on 5 Sep 2011. 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 |
|---|---|
| £305,000 | 5 Sep 2011 |
| Terraced |
| Freehold |
| Floor Area: 72 sq meters or 784 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 September 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £305,000 results in an estimated price of approximately £530,873.
| 5 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £305,000 | £225,873 | £530,873 |
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 | 111.929 % | £341,382 | £646,382 |
| 3 Month Average | 78.862 % | £240,529 | £545,529 |
| 6 Month Average | 49.834 % | £151,993 | £456,993 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £331,000 | £331,000 | FLAT 5 LANSDOWNE HOUSE WILMSLOW ROAD |
| 18 Apr 2024 | £252,190 | £250,000 | FLAT 18 LANSDOWNE HOUSE WILMSLOW ROAD |
| 8 Sep 2023 | £690,215 | £675,000 | 1 PLOWLEY CLOSE |
| 10 Feb 2023 | £579,202 | £575,333 | 29 WHITECHAPEL STREET |
| 23 Nov 2022 | £186,130 | £187,000 | FLAT 6 MELVILLE COURT, 6 EVANS CLOSE |
This house has a floor area of 72 sq meters or 784 sq feet when measured on 26 Jul 2011. Using an estimated price of £530,873 means this house is valued at £7,288 per sq meter (£677 per sq foot).
There is one other house on the street which we know the size of, this is 2 HURSTMEAD TERRACE it is 103.0