£1,117,241
This estimated value is based upon the latest sale price for the house of £875,000 on 29 Sep 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 |
---|---|
£875,000 | 29 Sep 2017 |
£242,500 | 12 Jul 2001 |
Semi-Detached |
Freehold |
Floor Area: 163 sq meters or 1,754 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 September 2017 the House Price Index for GREATER MANCHESTER was 117.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.685%.Applying this 27.685% change to the original purchase price of £875,000 results in an estimated price of approximately £1,117,241.
29 Sep 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.2 | 149.7 | 27.685 % | £875,000 | £242,241 | £1,117,241 |
The Postcode Pricing Model uses changes in average sales price within the M21 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 | 71.743 % | £627,751 | £1,502,751 |
3 Month Average | 17.190 % | £150,409 | £1,025,409 |
6 Month Average | 34.382 % | £300,840 | £1,175,840 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £635,000 | £635,000 | 23 BEECH ROAD |
14 Aug 2023 | £692,490 | £680,000 | 5 WILTON ROAD |
8 Aug 2023 | £1,028,551 | £1,010,000 | 5 CROSS ROAD |
4 Aug 2023 | £469,977 | £461,500 | 4 THORNBRIDGE AVENUE |
29 Jun 2023 | £816,360 | £800,000 | 11 HIGH LANE |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 9 May 2017. Using an estimated price of £1,117,242 means this house is valued at £6,854 per sq meter (£636 per sq foot).
There is one other house on the street which we know the size of, this is 3 CROSS ROAD it is 129.0