£227,364
This estimated value is based upon the latest sale price for the house of £182,500 on 25 Apr 2019. 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 |
|---|---|
| £182,500 | 25 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 April 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £182,500 results in an estimated price of approximately £227,364.
| 25 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £182,500 | £44,864 | £227,364 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 94.779 % | £172,970 | £355,470 |
| 3 Month Average | 65.942 % | £120,343 | £302,843 |
| 6 Month Average | 44.830 % | £81,815 | £264,315 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £232,015 | £230,000 | 22 CARRGREEN CLOSE |
| 23 Nov 2023 | £292,423 | £285,000 | 56 OVERLEA DRIVE |
| 14 Nov 2023 | £312,944 | £305,000 | 562 BURNAGE LANE |
| 6 Mar 2023 | £264,416 | £260,000 | 21 OVERLEA DRIVE |
| 17 Feb 2023 | £291,950 | £290,000 | 93 GREEN END ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 9 Nov 2012. Using an estimated price of £227,365 means this house is valued at £2,772 per sq meter (£257 per sq foot).
There is one other house on the street which we know the size of, this is 4 HOLMDALE AVENUE it is 75.0