£674,744
This estimated value is based upon the latest sale price for the house of £445,000 on 12 Sep 2014. 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 |
---|---|
£445,000 | 12 Sep 2014 |
£330,000 | 3 Mar 2014 |
Semi-Detached |
Freehold |
Floor Area: 105 sq meters or 1,130 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 2014 the House Price Index for GREATER MANCHESTER was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £445,000 results in an estimated price of approximately £674,744.
12 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
98.7 | 149.7 | 51.628 % | £445,000 | £229,744 | £674,744 |
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 | 85.981 % | £382,616 | £827,616 |
3 Month Average | 57.646 % | £256,523 | £701,523 |
6 Month Average | 41.307 % | £183,816 | £628,816 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £345,620 | £335,000 | FLAT 4 12 SCHOOL LANE |
30 Nov 2023 | £1,554,458 | £1,515,000 | 10 BELFIELD ROAD |
23 Nov 2023 | £1,282,557 | £1,250,000 | 30 BELFIELD ROAD |
14 Aug 2023 | £646,663 | £635,000 | 14 MOORLAND ROAD |
27 Mar 2023 | £238,991 | £235,000 | 29 SHAPLEY COURT, 12 SCHOOL LANE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 29 Oct 2013. Using an estimated price of £674,745 means this house is valued at £6,426 per sq meter (£597 per sq foot).
The average size of a house on MOORLAND ROAD is 105 sq meters (1,132 sq feet).