£579,162
This estimated value is based upon the latest sale price for the house of £435,000 on 12 Aug 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 |
|---|---|
| £435,000 | 12 Aug 2016 |
| £272,500 | 25 Jul 2006 |
| £110,000 | 28 May 1999 |
| Semi-Detached |
| 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 August 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £435,000 results in an estimated price of approximately £579,162.
| 12 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £435,000 | £144,162 | £579,162 |
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 | 20.022 % | £87,096 | £522,096 |
| 3 Month Average | 12.512 % | £54,428 | £489,428 |
| 6 Month Average | 38.437 % | £167,201 | £602,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £727,733 | £715,000 | 12 DENE PARK |
| 19 Dec 2023 | £501,780 | £493,000 | 2 DENE PARK |
| 17 Aug 2023 | £602,773 | £597,500 | 22 WESTMORLAND ROAD |
| 6 Apr 2023 | £657,075 | £650,000 | FLAT 2 DENE MANOR DENE PARK |
| 13 Jul 2022 | £752,024 | £750,000 | 3 WESTMORLAND ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 6 Jan 2015. Using an estimated price of £579,162 means this house is valued at £5,515 per sq meter (£512 per sq foot).
The average size of a house on WESTMORLAND ROAD is 117 sq meters (1,264 sq feet).