£553,554
This estimated value is based upon the latest sale price for the house of £445,000 on 25 Jun 2018. 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 | 25 Jun 2018 |
| £215,000 | 15 Mar 2013 |
| Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 2018 the House Price Index for GREATER MANCHESTER was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £445,000 results in an estimated price of approximately £553,554.
| 25 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £445,000 | £108,554 | £553,554 |
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 | 28.583 % | £127,194 | £572,194 |
| 3 Month Average | 39.762 % | £176,938 | £621,938 |
| 6 Month Average | 33.317 % | £148,262 | £593,262 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £516,029 | £507,000 | 14 CLOUGH AVENUE |
| 31 Jul 2023 | £557,503 | £550,000 | 3 WOODHEYS DRIVE |
| 30 Jun 2023 | £455,518 | £450,000 | 71 CHESTNUT DRIVE |
| 31 Mar 2023 | £489,613 | £485,000 | 21 AVONLEA ROAD |
| 17 Dec 2021 | £444,978 | £415,333 | 50 WOODHEYS DRIVE |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 27 Feb 2018. Using an estimated price of £553,554 means this house is valued at £4,291 per sq meter (£398 per sq foot).
The average size of a house on WOODHEYS DRIVE is 105 sq meters (1,132 sq feet).