£374,249
This estimated value is based upon the latest sale price for the house of £250,000 on 9 Jan 2015. 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 |
|---|---|
| £250,000 | 9 Jan 2015 |
| Semi-Detached |
| Leasehold |
| Floor Area: 78 sq meters or 849 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 2015 the House Price Index for GREATER MANCHESTER was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £250,000 results in an estimated price of approximately £374,249.
| 9 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £250,000 | £124,249 | £374,249 |
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 | 94.464 % | £236,159 | £486,159 |
| 3 Month Average | 64.932 % | £162,329 | £412,329 |
| 6 Month Average | 52.148 % | £130,369 | £380,369 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £572,595 | £555,000 | 6 KIRKBY AVENUE |
| 10 Nov 2023 | £605,367 | £590,000 | 22 PENRITH AVENUE |
| 28 Jun 2023 | £423,487 | £415,000 | 6 FARLEY ROAD |
| 22 Jul 2022 | £484,858 | £480,000 | 25 PENRITH AVENUE |
| 18 Jan 2022 | £424,079 | £400,000 | 2 FARLEY ROAD |
This house has a floor area of 78 sq meters or 849 sq feet when measured on 12 Nov 2010. Using an estimated price of £374,250 means this house is valued at £4,744 per sq meter (£440 per sq foot).
The average size of a house on NORRIS ROAD is 102 sq meters (1,107 sq feet).