£509,608
This estimated value is based upon the latest sale price for the house of £420,000 on 23 Mar 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 |
|---|---|
| £420,000 | 23 Mar 2020 |
| £125,000 | 30 Sep 2002 |
| Terraced |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 2020 the House Price Index for GREATER MANCHESTER was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £420,000 results in an estimated price of approximately £509,608.
| 23 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £420,000 | £89,608 | £509,608 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 17.566 % | £73,779 | £493,779 |
| 3 Month Average | 52.559 % | £220,746 | £640,746 |
| 6 Month Average | 45.077 % | £189,321 | £609,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £306,972 | £300,000 | 20 WILLOW BANK |
| 25 Apr 2023 | £394,886 | £387,500 | 79C WELLINGTON ROAD |
| 2 Feb 2023 | £458,060 | £455,000 | 16 LOMBARD GROVE |
| 27 May 2022 | £318,292 | £310,000 | 26 WILLOW BANK |
| 26 Nov 2021 | £490,284 | £450,000 | 20 LATCHMERE ROAD |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 16 Oct 2018. Using an estimated price of £509,608 means this house is valued at £3,033 per sq meter (£281 per sq foot).
The average size of a house on GRANVILLE ROAD is 165 sq meters (1,777 sq feet).