£508,179
This estimated value is based upon the latest sale price for the house of £349,950 on 2 Jun 2015. 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 |
|---|---|
| £349,950 | 2 Jun 2015 |
| £273,500 | 11 Aug 2004 |
| £120,000 | 26 Aug 1999 |
| Detached |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 June 2015 the House Price Index for GREATER MANCHESTER was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £349,950 results in an estimated price of approximately £508,179.
| 2 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £349,950 | £158,229 | £508,179 |
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 | 31.309 % | £109,565 | £459,515 |
| 3 Month Average | 53.728 % | £188,022 | £537,972 |
| 6 Month Average | 61.539 % | £215,355 | £565,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £543,040 | £535,000 | 5 FOREST DRIVE |
| 15 Sep 2023 | £557,123 | £550,000 | 34 WINCHAM ROAD |
| 4 Aug 2023 | £487,197 | £482,935 | 12 EDALE GROVE |
| 15 Jul 2022 | £531,431 | £530,000 | 2 WOODHOUSE LANE |
| 1 Jul 2022 | £671,808 | £670,000 | 8 EDALE GROVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 9 Sep 2014. Using an estimated price of £508,180 means this house is valued at £5,709 per sq meter (£530 per sq foot).
The average size of a house on WINCHAM ROAD is 98 sq meters (1,058 sq feet).