£458,281
This estimated value is based upon the latest sale price for the house of £250,000 on 5 Aug 2005. 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 |
|---|---|
| £250,000 | 5 Aug 2005 |
| £95,000 | 10 Oct 2000 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 August 2005 the House Price Index for GREATER MANCHESTER was 81.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.313%.Applying this 83.313% change to the original purchase price of £250,000 results in an estimated price of approximately £458,281.
| 5 Aug 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 148.6 | 83.313 % | £250,000 | £208,281 | £458,281 |
The Postcode Pricing Model uses changes in average sales price within the M16 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 | 37.417 % | £93,542 | £343,542 |
| 3 Month Average | 72.030 % | £180,075 | £430,075 |
| 6 Month Average | 80.661 % | £201,653 | £451,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £10,593 | £10,500 | UNIT 203 M MONTGOMERY HOUSE DEMESNE ROAD |
| 24 Mar 2023 | £17,162 | £17,000 | UNIT 23 M MONTGOMERY HOUSE DEMESNE ROAD |
| 5 Aug 2022 | £16,954 | £17,000 | UNIT 209 M MONTGOMERY HOUSE DEMESNE ROAD |
| 30 Jun 2022 | £319,515 | £315,000 | 3 STONEYFIELD CLOSE |
| 4 Feb 2022 | £346,069 | £330,000 | 17 BROADMEADOW AVENUE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 25 Sep 2019. Using an estimated price of £458,282 means this house is valued at £4,128 per sq meter (£383 per sq foot).
The average size of a house on MONTCLIFFE CRESCENT is 81 sq meters (875 sq feet).