£510,844
This estimated value is based upon the latest sale price for the house of £502,250 on 30 May 2023. 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 |
|---|---|
| £502,250 | 30 May 2023 |
| £350,000 | 21 Dec 2018 |
| £287,000 | 26 Sep 2014 |
| £50,000 | 23 Oct 2000 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,048 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 May 2023 the House Price Index for GREATER MANCHESTER was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £502,250 results in an estimated price of approximately £510,844.
| 30 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £502,250 | £8,594 | £510,844 |
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 | -8.449 % | £-42,434 | £459,815 |
| 3 Month Average | -29.153 % | £-146,419 | £355,830 |
| 6 Month Average | -6.273 % | £-31,508 | £470,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £576,989 | £570,000 | 126 CAVENDISH ROAD |
| 5 Oct 2022 | £462,520 | £467,500 | 122 CAVENDISH ROAD |
| 27 Jun 2022 | £177,509 | £175,000 | 83 CAVENDISH ROAD |
| 7 Apr 2022 | £514,900 | £500,000 | 4 TUNSTEAD AVENUE |
| 7 Feb 2022 | £335,582 | £320,000 | 143 CAVENDISH ROAD |
This house has a floor area of 97 sq meters or 1,048 sq feet when measured on 18 Nov 2011.
The average size of a house on CAVENDISH ROAD is 98 sq meters (1,062 sq feet).