£274,585
This estimated value is based upon the latest sale price for the house of £270,000 on 3 Mar 2023. 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 |
---|---|
£270,000 | 3 Mar 2023 |
£165,000 | 7 Jun 2018 |
£15,120 | 10 Mar 2003 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 March 2023 the House Price Index for GREATER MANCHESTER was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £270,000 results in an estimated price of approximately £274,585.
3 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £270,000 | £4,585 | £274,585 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | -44.814 % | £-120,997 | £149,002 |
3 Month Average | -19.615 % | £-52,961 | £217,038 |
6 Month Average | -8.793 % | £-23,740 | £246,259 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Nov 2023 | £277,032 | £270,000 | 16 RACECOURSE WAY |
27 Oct 2023 | £204,648 | £200,000 | 2 HURDLOW AVENUE |
6 Oct 2023 | £285,484 | £279,000 | 7 CHRISTIE LANE |
22 Feb 2023 | £279,870 | £278,000 | 38 CHRISTIE LANE |
5 Aug 2022 | £197,925 | £197,000 | 133 SOUTH RADFORD STREET |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 24 Jan 2018.
The average size of a house on SHIRLEY AVENUE is 111 sq meters (1,198 sq feet).