£428,631
This estimated value is based upon the latest sale price for the house of £315,000 on 31 Mar 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 |
---|---|
£315,000 | 31 Mar 2016 |
£132,000 | 7 Jul 2000 |
Terraced |
Freehold |
Floor Area: 105 sq meters or 1,130 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 March 2016 the House Price Index for GREATER MANCHESTER was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £315,000 results in an estimated price of approximately £428,631.
31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £315,000 | £113,631 | £428,631 |
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 | 84.727 % | £266,890 | £581,890 |
3 Month Average | 49.003 % | £154,359 | £469,359 |
6 Month Average | 31.652 % | £99,703 | £414,703 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Sep 2023 | £460,143 | £450,000 | 11 LEOPOLD AVENUE |
11 Apr 2023 | £337,819 | £331,500 | 31 VICKER GROVE |
10 Mar 2023 | £405,777 | £399,000 | 20 LEOPOLD AVENUE |
27 Jan 2023 | £269,721 | £269,000 | FLAT 4 CHELSEA HOUSE, 4 CAVENDISH ROAD |
23 Jan 2023 | £200,536 | £200,000 | FLAT 1 170A BURTON ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 25 Aug 2015. Using an estimated price of £428,632 means this house is valued at £4,082 per sq meter (£379 per sq foot).
The average size of a house on LEOPOLD AVENUE is 111 sq meters (1,204 sq feet).