£204,987
This estimated value is based upon the latest sale price for the house of £59,995 on 29 Jun 2001. 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 |
|---|---|
| £59,995 | 29 Jun 2001 |
| 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 June 2001 the House Price Index for GREATER MANCHESTER was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £59,995 results in an estimated price of approximately £204,987.
| 29 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 149.7 | 241.675 % | £59,995 | £144,992 | £204,987 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 366.901 % | £220,122 | £280,117 |
| 3 Month Average | 395.301 % | £237,160 | £297,155 |
| 6 Month Average | 390.119 % | £234,051 | £294,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £350,779 | £340,000 | 41 GILDERSDALE DRIVE |
| 13 Oct 2023 | £278,321 | £272,000 | 40 GILDERSDALE DRIVE |
| 15 Mar 2023 | £340,690 | £335,000 | 15 GILDERSDALE DRIVE |
| 17 Feb 2023 | £309,065 | £307,000 | 49 GILDERSDALE DRIVE |
| 27 Jan 2023 | £270,723 | £270,000 | 35 GILDERSDALE DRIVE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 11 Jun 2009. Using an estimated price of £204,988 means this house is valued at £3,306 per sq meter (£307 per sq foot).