£341,575
This estimated value is based upon the latest sale price for the house of £264,250 on 7 Apr 2017. 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 |
---|---|
£264,250 | 7 Apr 2017 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 870 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 April 2017 the House Price Index for GREATER MANCHESTER was 115.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.262%.Applying this 29.262% change to the original purchase price of £264,250 results in an estimated price of approximately £341,575.
7 Apr 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.0 | 148.6 | 29.262 % | £264,250 | £77,325 | £341,575 |
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 | -25.953 % | £-68,580 | £195,669 |
3 Month Average | -2.864 % | £-7,569 | £256,680 |
6 Month Average | 24.319 % | £64,263 | £328,513 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £344,404 | £340,000 | 22 JAYTON AVENUE |
6 Mar 2023 | £520,403 | £515,500 | 40 BROUGHVILLE DRIVE |
11 Nov 2022 | £395,213 | £400,000 | 43 BROAD OAK LANE |
27 Jul 2022 | £386,039 | £385,000 | 21 FARLANDS DRIVE |
22 Apr 2022 | £350,132 | £340,000 | 904 KINGSWAY |
This house has a floor area of 80 sq meters or 870 sq feet when measured on 4 Mar 2009. Using an estimated price of £341,576 means this house is valued at £4,225 per sq meter (£392 per sq foot).
The average size of a house on BROAD OAK LANE is 98 sq meters (1,060 sq feet).