£354,605
This estimated value is based upon the latest sale price for the house of £280,000 on 15 Dec 2017. 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 |
---|---|
£280,000 | 15 Dec 2017 |
Terraced |
Freehold |
Floor Area: 109 sq meters or 1,173 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 December 2017 the House Price Index for GREATER MANCHESTER was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £280,000 results in an estimated price of approximately £354,605.
15 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 149.7 | 26.645 % | £280,000 | £74,605 | £354,605 |
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 | -4.509 % | £-12,625 | £267,374 |
3 Month Average | 79.347 % | £222,172 | £502,172 |
6 Month Average | 52.529 % | £147,082 | £427,082 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £451,460 | £440,000 | 25 ALWINTON AVENUE |
20 Oct 2023 | £291,623 | £285,000 | 124 KINGSLEIGH ROAD |
20 Oct 2023 | £380,492 | £371,850 | 13 UPTON AVENUE |
16 Aug 2023 | £590,653 | £580,000 | 18 ALWINTON AVENUE |
26 Aug 2022 | £443,072 | £441,000 | 6 UPTON AVENUE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 1 Sep 2017. Using an estimated price of £354,605 means this house is valued at £3,253 per sq meter (£302 per sq foot).
The average size of a house on KINGSLEIGH ROAD is 78 sq meters (844 sq feet).