£324,585
This estimated value is based upon the latest sale price for the house of £196,000 on 20 Sep 2013. 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 |
|---|---|
| £196,000 | 20 Sep 2013 |
| £73,000 | 17 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 September 2013 the House Price Index for GREATER MANCHESTER was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £196,000 results in an estimated price of approximately £324,585.
| 20 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £196,000 | £128,585 | £324,585 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 122.167 % | £239,446 | £435,446 |
| 3 Month Average | 77.012 % | £150,942 | £346,942 |
| 6 Month Average | 52.754 % | £103,397 | £299,397 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £325,878 | £320,000 | 5 OAKDALE DRIVE |
| 8 Apr 2022 | £382,809 | £369,000 | 3 GAWSWORTH AVENUE |
| 20 Jan 2022 | £530,046 | £499,950 | 7 MELLINGTON AVENUE |
| 29 Jun 2021 | £351,282 | £325,000 | 8 NEWLANDS DRIVE |
| 28 May 2021 | £284,601 | £250,000 | 862 KINGSWAY |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 19 Apr 2013. Using an estimated price of £324,586 means this house is valued at £4,108 per sq meter (£381 per sq foot).
The average size of a house on AVALON DRIVE is 114 sq meters (1,233 sq feet).