£519,977
This estimated value is based upon the latest sale price for the house of £440,000 on 23 Oct 2020. 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 |
---|---|
£440,000 | 23 Oct 2020 |
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 October 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £440,000 results in an estimated price of approximately £519,977.
23 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £440,000 | £79,977 | £519,977 |
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 | 39.586 % | £174,177 | £614,177 |
3 Month Average | 21.742 % | £95,664 | £535,664 |
6 Month Average | 2.905 % | £12,779 | £452,779 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Oct 2023 | £231,252 | £226,000 | FLAT 20 BALLBROOK COURT WILMSLOW ROAD |
14 Mar 2023 | £284,755 | £280,000 | FLAT 84 BALLBROOK COURT WILMSLOW ROAD |
1 Sep 2022 | £556,628 | £557,000 | 11 BROOKLAWN DRIVE |
1 Sep 2022 | £614,589 | £615,000 | 5 BROOKLAWN DRIVE |
28 Sep 2021 | £661,112 | £609,000 | 31 BROOKLAWN DRIVE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 17 Dec 2019. Using an estimated price of £519,977 means this house is valued at £5,252 per sq meter (£487 per sq foot).
The average size of a house on WESTHOLME ROAD is 122 sq meters (1,313 sq feet).