£401,860
This estimated value is based upon the latest sale price for the house of £305,000 on 25 Nov 2016. 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 | 25 Nov 2016 |
| £120,000 | 28 Nov 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 November 2016 the House Price Index for GREATER MANCHESTER was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £305,000 results in an estimated price of approximately £401,860.
| 25 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £305,000 | £96,860 | £401,860 |
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 | 22.581 % | £68,873 | £373,873 |
| 3 Month Average | 24.504 % | £74,737 | £379,737 |
| 6 Month Average | 32.183 % | £98,157 | £403,157 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £721,626 | £709,000 | 4 SYLVAN AVENUE |
| 10 Feb 2023 | £224,849 | £225,000 | APARTMENT 7 DEVONSHIRE COURT, 7 DERBYSHIRE ROAD SOUTH |
| 10 Jan 2023 | £427,984 | £430,000 | 24 CUMBERLAND ROAD |
| 17 Mar 2022 | £461,137 | £445,000 | 18 DERBYSHIRE ROAD SOUTH |
| 14 Mar 2022 | £752,326 | £726,000 | 12 SYLVAN AVENUE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 25 Feb 2016. Using an estimated price of £401,861 means this house is valued at £4,230 per sq meter (£392 per sq foot).
The average size of a house on SOMERTON AVENUE is 115 sq meters (1,238 sq feet).