£460,852
This estimated value is based upon the latest sale price for the house of £269,000 on 1 Apr 2011. 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 |
|---|---|
| £269,000 | 1 Apr 2011 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 April 2011 the House Price Index for GREATER MANCHESTER was 86.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.321%.Applying this 71.321% change to the original purchase price of £269,000 results in an estimated price of approximately £460,852.
| 1 Apr 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 148.6 | 71.321 % | £269,000 | £191,852 | £460,852 |
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 | 97.559 % | £262,433 | £531,433 |
| 3 Month Average | 90.860 % | £244,414 | £513,414 |
| 6 Month Average | 80.169 % | £215,653 | £484,653 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £519,082 | £510,000 | 6 CHILCOTE AVENUE |
| 30 Nov 2023 | £517,664 | £510,000 | 3 SHELTON AVENUE |
| 9 Aug 2023 | £428,751 | £425,000 | 53 FIRS ROAD |
| 31 Jul 2023 | £372,007 | £367,000 | 16 SHELTON AVENUE |
| 30 Jun 2023 | £546,621 | £540,000 | 8 BARWELL ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 19 Jan 2016. Using an estimated price of £460,853 means this house is valued at £4,347 per sq meter (£403 per sq foot).
The average size of a house on LIGHTBORNE ROAD is 119 sq meters (1,286 sq feet).