£533,650
This estimated value is based upon the latest sale price for the house of £386,000 on 8 Jan 2016. 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 |
---|---|
£386,000 | 8 Jan 2016 |
Semi-Detached |
Freehold |
Floor Area: 108 sq meters or 1,162 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 2016 the House Price Index for GREATER MANCHESTER was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £386,000 results in an estimated price of approximately £533,650.
8 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £386,000 | £147,650 | £533,650 |
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 | 92.883 % | £358,528 | £744,528 |
3 Month Average | 56.087 % | £216,495 | £602,495 |
6 Month Average | 33.454 % | £129,133 | £515,133 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Nov 2023 | £208,287 | £203,000 | APARTMENT 8 360 PARRS WOOD ROAD |
6 Oct 2023 | £203,113 | £198,500 | APARTMENT 15 128 SCHOOL LANE |
22 Sep 2023 | £438,159 | £428,500 | 29 KINGSFIELD DRIVE |
15 Aug 2022 | £205,963 | £205,000 | APARTMENT 4 360 PARRS WOOD ROAD |
6 Jul 2022 | £217,176 | £215,000 | APARTMENT 14 126 SCHOOL LANE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 10 Aug 2015. Using an estimated price of £533,650 means this house is valued at £4,941 per sq meter (£459 per sq foot).
The average size of a house on KINGSFIELD DRIVE is 124 sq meters (1,342 sq feet).