£348,014
This estimated value is based upon the latest sale price for the house of £240,000 on 17 Jul 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 |
---|---|
£240,000 | 17 Jul 2015 |
£235,000 | 26 Jul 2007 |
£190,000 | 18 Jun 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 July 2015 the House Price Index for GREATER MANCHESTER was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £240,000 results in an estimated price of approximately £348,014.
17 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
103.2 | 149.7 | 45.006 % | £240,000 | £108,014 | £348,014 |
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 | 108.703 % | £260,887 | £500,887 |
3 Month Average | 57.397 % | £137,752 | £377,752 |
6 Month Average | 39.185 % | £94,043 | £334,043 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £631,018 | £615,000 | 3 WALSINGHAM AVENUE |
31 Oct 2023 | £2,859,955 | £2,795,000 | 288A BURTON ROAD |
12 Oct 2023 | £593,479 | £580,000 | 247 BURTON ROAD |
20 Jun 2023 | £168,374 | £165,000 | FLAT 3 298 BURTON ROAD |
14 Apr 2023 | £657,804 | £645,500 | 1 WALSINGHAM AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 19 Sep 2019. Using an estimated price of £348,015 means this house is valued at £5,272 per sq meter (£489 per sq foot).
The average size of a house on BURTON ROAD is 100 sq meters (1,082 sq feet).