£341,966
This estimated value is based upon the latest sale price for the house of £330,000 on 30 Mar 2022. 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 |
|---|---|
| £330,000 | 30 Mar 2022 |
| £250,000 | 1 Jul 2019 |
| Semi-Detached |
| Leasehold |
| Floor Area: 85 sq meters or 914 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 2022 the House Price Index for GREATER MANCHESTER was 143.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 3.626%.Applying this 3.626% change to the original purchase price of £330,000 results in an estimated price of approximately £341,966.
| 30 Mar 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.6 | 3.626 % | £330,000 | £11,966 | £341,966 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | -43.411 % | £-143,255 | £186,744 |
| 3 Month Average | -6.799 % | £-22,436 | £307,563 |
| 6 Month Average | 10.350 % | £34,154 | £364,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £213,156 | £210,000 | 11 MELTHAM CLOSE |
| 2 Aug 2023 | £383,354 | £380,000 | 553 DIDSBURY ROAD |
| 27 Jan 2023 | £223,945 | £225,000 | FLAT 8 DENE HOUSE, 3 GREEN PASTURES |
| 29 Jun 2022 | £633,959 | £625,000 | 20 GREEN PASTURES |
| 15 Jun 2022 | £640,045 | £631,000 | 96 GREEN PASTURES |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 13 Oct 2021. Using an estimated price of £341,967 means this house is valued at £4,023 per sq meter (£373 per sq foot).
The average size of a house on MELTHAM CLOSE is 80 sq meters (867 sq feet).