£263,223
This estimated value is based upon the latest sale price for the house of £56,000 on 21 Aug 1998. 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 |
---|---|
£56,000 | 21 Aug 1998 |
£50,000 | 17 Jul 1996 |
£51,000 | 20 Dec 1995 |
Terraced |
Leasehold |
Floor Area: 93 sq meters or 1,001 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 August 1998 the House Price Index for GREATER MANCHESTER was 31.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 370.042%.Applying this 370.042% change to the original purchase price of £56,000 results in an estimated price of approximately £263,223.
21 Aug 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.8 | 149.7 | 370.042 % | £56,000 | £207,223 | £263,223 |
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 | 414.496 % | £232,117 | £288,117 |
3 Month Average | 413.575 % | £231,601 | £287,601 |
6 Month Average | 418.902 % | £234,585 | £290,585 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £381,730 | £370,000 | 64 CRANLEIGH DRIVE |
30 Nov 2023 | £595,106 | £580,000 | 87 CRANLEIGH DRIVE |
29 Jun 2023 | £234,703 | £230,000 | 6 LYMINGTON DRIVE |
31 Jan 2022 | £424,079 | £400,000 | 99 CRANLEIGH DRIVE |
31 Jan 2022 | £238,545 | £225,000 | 1 LYMINGTON DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 11 Dec 2018. Using an estimated price of £263,223 means this house is valued at £2,830 per sq meter (£262 per sq foot).
The average size of a house on CLOVER CROFT is 103 sq meters (1,108 sq feet).