£313,931
This estimated value is based upon the latest sale price for the house of £237,000 on 14 Oct 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 |
---|---|
£237,000 | 14 Oct 2016 |
£199,950 | 10 Mar 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 101 sq meters or 1,087 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 October 2016 the House Price Index for GREATER MANCHESTER was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £237,000 results in an estimated price of approximately £313,931.
14 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 148.6 | 32.461 % | £237,000 | £76,931 | £313,931 |
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 | 42.918 % | £101,715 | £338,715 |
3 Month Average | 27.547 % | £65,286 | £302,286 |
6 Month Average | 35.843 % | £84,947 | £321,947 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Aug 2023 | £443,883 | £440,000 | 5 MOORFIELD GROVE |
20 Jul 2023 | £202,729 | £200,000 | APARTMENT 3 DEVONSHIRE COURT, 7 DERBYSHIRE ROAD SOUTH |
10 Feb 2023 | £224,849 | £225,000 | APARTMENT 7 DEVONSHIRE COURT, 7 DERBYSHIRE ROAD SOUTH |
17 May 2022 | £507,054 | £497,500 | 103 MARSLAND ROAD |
29 Apr 2022 | £257,707 | £250,250 | APARTMENT 15 DEVONSHIRE COURT, 7 DERBYSHIRE ROAD SOUTH |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 26 May 2016. Using an estimated price of £313,931 means this house is valued at £3,108 per sq meter (£288 per sq foot).
The average size of a house on DERBYSHIRE ROAD SOUTH is 95 sq meters (1,028 sq feet).