£276,276
This estimated value is based upon the latest sale price for the house of £223,500 on 31 May 2019. 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 |
|---|---|
| £223,500 | 31 May 2019 |
| £150,000 | 3 Jun 2013 |
| £132,000 | 19 Sep 2008 |
| £130,000 | 24 Aug 2005 |
| £66,000 | 18 Aug 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 May 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £223,500 results in an estimated price of approximately £276,276.
| 31 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £223,500 | £52,776 | £276,276 |
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 | 7.450 % | £16,649 | £240,149 |
| 3 Month Average | 27.406 % | £61,253 | £284,753 |
| 6 Month Average | 27.682 % | £61,869 | £285,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £317,556 | £312,000 | 10 WESTBURY AVENUE |
| 3 Nov 2023 | £345,109 | £340,000 | 32 WESTBURY AVENUE |
| 31 Mar 2023 | £307,901 | £305,000 | 56 CHESTER AVENUE |
| 24 Jun 2022 | £271,842 | £268,000 | 5 WESTBURY AVENUE |
| 28 Apr 2022 | £309,043 | £300,100 | 53 CHESTER AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 30 Jan 2013. Using an estimated price of £276,277 means this house is valued at £4,186 per sq meter (£388 per sq foot).
The average size of a house on NEWGATE ROAD is 72 sq meters (782 sq feet).