£310,647
This estimated value is based upon the latest sale price for the house of £182,500 on 2 Jul 2012. 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 |
|---|---|
| £182,500 | 2 Jul 2012 |
| £172,000 | 17 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 704 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 2012 the House Price Index for GREATER MANCHESTER was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £182,500 results in an estimated price of approximately £310,647.
| 2 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £182,500 | £128,147 | £310,647 |
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 | 42.591 % | £77,728 | £260,228 |
| 3 Month Average | 29.858 % | £54,490 | £236,990 |
| 6 Month Average | 51.922 % | £94,756 | £277,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £380,635 | £375,000 | 15 RUSHTON STREET |
| 10 Nov 2023 | £507,514 | £500,000 | 21 RUSHTON STREET |
| 2 Nov 2023 | £350,184 | £345,000 | 2 COUNTESS ROAD |
| 1 Sep 2023 | £381,123 | £376,250 | 20 COUNTESS ROAD |
| 21 Apr 2023 | £375,038 | £371,000 | 15 COUNTESS ROAD |
This house has a floor area of 65 sq meters or 704 sq feet when measured on 13 Mar 2012. Using an estimated price of £310,648 means this house is valued at £4,744 per sq meter (£440 per sq foot).
The average size of a house on OLIVE SHAPLEY AVENUE is 70 sq meters (759 sq feet).