£461,764
This estimated value is based upon the latest sale price for the house of £300,000 on 4 Jul 2014. 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 |
---|---|
£300,000 | 4 Jul 2014 |
£270,000 | 6 Jul 2009 |
£270,000 | 6 Jul 2009 |
Detached |
Leasehold |
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 July 2014 the House Price Index for GREATER MANCHESTER was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £300,000 results in an estimated price of approximately £461,764.
4 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
97.3 | 149.7 | 53.921 % | £300,000 | £161,764 | £461,764 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 116.817 % | £350,450 | £650,450 |
3 Month Average | 70.469 % | £211,407 | £511,407 |
6 Month Average | 62.732 % | £188,197 | £488,197 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Mar 2023 | £789,688 | £776,500 | 1 CENTRAL AVENUE |
29 Apr 2022 | £447,129 | £431,000 | 67 WOODHEYS DRIVE |
6 Apr 2022 | £549,834 | £530,000 | 103 CHESTNUT DRIVE |
1 Nov 2021 | £1,362 | £1,250 | 105 CHESTNUT DRIVE |
30 Jun 2021 | £399,921 | £370,000 | 45 WOODCOTE ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 7 Mar 2014. Using an estimated price of £461,764 means this house is valued at £4,236 per sq meter (£393 per sq foot).
The average size of a house on CLOUGH AVENUE is 110 sq meters (1,192 sq feet).