£350,308
This estimated value is based upon the latest sale price for the house of £292,151 on 24 Aug 2020. 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 |
---|---|
£292,151 | 24 Aug 2020 |
Semi-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 August 2020 the House Price Index for GREATER MANCHESTER was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £292,151 results in an estimated price of approximately £350,308.
24 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 148.6 | 19.907 % | £292,151 | £58,157 | £350,308 |
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 | 41.051 % | £119,931 | £412,082 |
3 Month Average | -11.445 % | £-33,437 | £258,713 |
6 Month Average | 13.169 % | £38,472 | £330,623 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Sep 2023 | £272,231 | £268,750 | 4 MOORGATE AVENUE |
16 Jun 2023 | £576,989 | £570,000 | 126 CAVENDISH ROAD |
5 Oct 2022 | £462,520 | £467,500 | 122 CAVENDISH ROAD |
7 Apr 2022 | £514,900 | £500,000 | 4 TUNSTEAD AVENUE |
19 Nov 2021 | £421,790 | £390,000 | 5 BRADWELL AVENUE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 22 May 2020. Using an estimated price of £350,308 means this house is valued at £3,304 per sq meter (£307 per sq foot).
The average size of a house on MOORGATE AVENUE is 132 sq meters (1,420 sq feet).