£296,567
This estimated value is based upon the latest sale price for the house of £150,000 on 11 Jun 2004. 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 |
|---|---|
| £150,000 | 11 Jun 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 June 2004 the House Price Index for GREATER MANCHESTER was 75.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 97.712%.Applying this 97.712% change to the original purchase price of £150,000 results in an estimated price of approximately £296,567.
| 11 Jun 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 75.2 | 148.6 | 97.712 % | £150,000 | £146,567 | £296,567 |
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 | 64.017 % | £96,025 | £246,025 |
| 3 Month Average | 56.752 % | £85,128 | £235,128 |
| 6 Month Average | 97.735 % | £146,601 | £296,601 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £344,404 | £340,000 | 22 JAYTON AVENUE |
| 1 Feb 2023 | £386,190 | £386,450 | 45 HIGHBANK DRIVE |
| 11 Nov 2022 | £395,213 | £400,000 | 43 BROAD OAK LANE |
| 13 Oct 2022 | £6,925 | £7,000 | 23 HIGHBANK DRIVE |
| 27 Jul 2022 | £386,039 | £385,000 | 21 FARLANDS DRIVE |
This house has a floor area of 149 sq meters or 1,603 sq feet when measured on 13 Aug 2021. Using an estimated price of £296,568 means this house is valued at £1,990 per sq meter (£184 per sq foot).
The average size of a house on BROAD OAK LANE is 98 sq meters (1,060 sq feet).
This house is the largest in the street with a floor area of 149 sq meters (1,603 sq feet).