£392,979
This estimated value is based upon the latest sale price for the house of £319,000 on 1 Aug 2018. 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 |
|---|---|
| £319,000 | 1 Aug 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2018 the House Price Index for GREATER MANCHESTER was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £319,000 results in an estimated price of approximately £392,979.
| 1 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £319,000 | £73,979 | £392,979 |
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 | 17.986 % | £57,373 | £376,373 |
| 3 Month Average | 19.593 % | £62,502 | £381,502 |
| 6 Month Average | 29.846 % | £95,207 | £414,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £519,671 | £513,000 | 154 CHESTNUT DRIVE |
| 9 Nov 2023 | £527,775 | £521,000 | 29 OVERTON CRESCENT |
| 5 Apr 2023 | £397,958 | £395,000 | 53 OVERTON CRESCENT |
| 31 Oct 2022 | £1,232 | £1,250 | 109 CHESTNUT DRIVE |
| 29 Apr 2022 | £442,051 | £431,000 | 67 WOODHEYS DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 24 May 2018. Using an estimated price of £392,979 means this house is valued at £4,415 per sq meter (£410 per sq foot).
The average size of a house on CHESTNUT DRIVE is 104 sq meters (1,126 sq feet).