£627,372
This estimated value is based upon the latest sale price for the house of £475,550 on 21 Oct 2016. 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 |
|---|---|
| £475,550 | 21 Oct 2016 |
| Detached |
| Leasehold |
| Floor Area: 114 sq meters or 1,227 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 October 2016 the House Price Index for GREATER MANCHESTER was 112.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.926%.Applying this 31.926% change to the original purchase price of £475,550 results in an estimated price of approximately £627,372.
| 21 Oct 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.0 | 31.926 % | £475,550 | £151,822 | £627,372 |
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 | 42.918 % | £204,095 | £679,645 |
| 3 Month Average | 27.547 % | £130,999 | £606,549 |
| 6 Month Average | 35.843 % | £170,450 | £646,000 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £353,342 | £350,000 | APARTMENT 1 1 CHESWICK CLOSE |
| 14 Jul 2023 | £244,311 | £242,000 | APARTMENT 28 3 THE PINES |
| 10 Jun 2022 | £59,604 | £59,000 | FLAT 4 ELLAN BROOK LODGE, 157 BROOKLANDS ROAD |
| 29 Apr 2022 | £211,795 | £206,500 | APARTMENT 5 1 THE PINES |
| 18 Mar 2022 | £216,736 | £210,000 | APARTMENT 22 3 THE PINES |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 15 Sep 2015. Using an estimated price of £627,373 means this house is valued at £5,503 per sq meter (£511 per sq foot).
The average size of a house on FERNDALE ROAD is 159 sq meters (1,712 sq feet).