£407,013
This estimated value is based upon the latest sale price for the house of £330,000 on 12 Jul 2019. 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 |
|---|---|
| £330,000 | 12 Jul 2019 |
| £185,000 | 1 Mar 2013 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 July 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £330,000 results in an estimated price of approximately £407,013.
| 12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £330,000 | £77,013 | £407,013 |
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 | 36.102 % | £119,136 | £449,136 |
| 3 Month Average | 20.091 % | £66,300 | £396,300 |
| 6 Month Average | 29.845 % | £98,488 | £428,488 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £370,000 | £370,000 | 52 DERBYSHIRE ROAD |
| 15 Aug 2023 | £393,442 | £390,000 | 11 CRAVEN TERRACE |
| 20 Jan 2023 | £1,074,936 | £1,080,000 | 2 HOLLY BANK |
| 21 Jul 2022 | £411,107 | £410,000 | 13 CRAVEN TERRACE |
| 17 Jun 2022 | £852,041 | £840,000 | 27 DERBYSHIRE ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 5 Dec 2012. Using an estimated price of £407,014 means this house is valued at £4,963 per sq meter (£461 per sq foot).
The average size of a house on MATLOCK CLOSE is 119 sq meters (1,286 sq feet).
This house is the smallest in the street with a floor area of 82 sq meters (882 sq feet).