£626,123
This estimated value is based upon the latest sale price for the house of £392,000 on 9 Jan 2014. 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 |
|---|---|
| £392,000 | 9 Jan 2014 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 January 2014 the House Price Index for GREATER MANCHESTER was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £392,000 results in an estimated price of approximately £626,123.
| 9 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £392,000 | £234,123 | £626,123 |
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 | 67.723 % | £265,474 | £657,474 |
| 3 Month Average | 68.844 % | £269,870 | £661,870 |
| 6 Month Average | 67.083 % | £262,965 | £654,965 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2023 | £1,301,643 | £1,285,000 | 15 QUEENS ROAD |
| 31 Aug 2023 | £164,439 | £163,000 | FLAT 23 THE HOMESTEAD ASHTON LANE |
| 16 Jan 2023 | £412,059 | £414,000 | 5 WENTWORTH DRIVE |
| 13 Jun 2022 | £426,021 | £420,000 | 30 WENTWORTH DRIVE |
| 10 Jun 2022 | £443,264 | £437,000 | 2 BOWNESS DRIVE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 25 Jul 2013. Using an estimated price of £626,123 means this house is valued at £5,590 per sq meter (£519 per sq foot).
The average size of a house on ASHTON LANE is 90 sq meters (970 sq feet).