£277,965
This estimated value is based upon the latest sale price for the house of £225,000 on 25 Oct 2019. 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 |
|---|---|
| £225,000 | 25 Oct 2019 |
| £187,500 | 24 Oct 2014 |
| £150,500 | 8 Jul 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £225,000 results in an estimated price of approximately £277,965.
| 25 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £225,000 | £52,965 | £277,965 |
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 | 19.646 % | £44,203 | £269,203 |
| 3 Month Average | 13.510 % | £30,397 | £255,397 |
| 6 Month Average | 15.126 % | £34,033 | £259,033 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £325,878 | £320,000 | 5 OAKDALE DRIVE |
| 8 Apr 2022 | £382,809 | £369,000 | 3 GAWSWORTH AVENUE |
| 20 Jan 2022 | £530,046 | £499,950 | 7 MELLINGTON AVENUE |
| 29 Jun 2021 | £351,282 | £325,000 | 8 NEWLANDS DRIVE |
| 28 May 2021 | £284,601 | £250,000 | 862 KINGSWAY |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 18 Oct 2019. Using an estimated price of £277,965 means this house is valued at £4,483 per sq meter (£416 per sq foot).
The average size of a house on AVALON DRIVE is 114 sq meters (1,233 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).