£1,127,852
This estimated value is based upon the latest sale price for the house of £900,000 on 2 Mar 2018. 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 |
|---|---|
| £900,000 | 2 Mar 2018 |
| £687,210 | 5 Oct 2007 |
| Detached |
| Freehold |
| Floor Area: 187 sq meters or 2,016 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 2018 the House Price Index for GREATER MANCHESTER was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £900,000 results in an estimated price of approximately £1,127,852.
| 2 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £900,000 | £227,852 | £1,127,852 |
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 | -11.664 % | £-104,979 | £795,020 |
| 3 Month Average | -9.369 % | £-84,321 | £815,678 |
| 6 Month Average | 7.631 % | £68,679 | £968,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £450,763 | £445,000 | 40 LIDGATE GROVE |
| 30 Aug 2023 | £504,917 | £500,500 | 36 LIDGATE GROVE |
| 23 Nov 2022 | £184,762 | £187,000 | FLAT 6 MELVILLE COURT, 6 EVANS CLOSE |
| 7 Apr 2022 | £189,483 | £184,000 | FLAT 5 MELVILLE COURT, 6 EVANS CLOSE |
| 7 Mar 2022 | £190,672 | £184,000 | FLAT 3 MELVILLE COURT, 6 EVANS CLOSE |
This house has a floor area of 187 sq meters or 2,016 sq feet when measured on 16 Oct 2008. Using an estimated price of £1,127,853 means this house is valued at £6,021 per sq meter (£559 per sq foot).
The average size of a house on SPRINGDALE GARDENS is 136 sq meters (1,471 sq feet).