£345,553
This estimated value is based upon the latest sale price for the house of £240,000 on 7 Aug 2015. 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 |
|---|---|
| £240,000 | 7 Aug 2015 |
| £193,000 | 14 May 2004 |
| £83,500 | 16 Jun 1999 |
| £83,500 | 28 May 1999 |
| £73,500 | 13 Mar 1998 |
| Semi-Detached |
| Leasehold |
| Floor Area: 89 sq meters or 959 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 2015 the House Price Index for GREATER MANCHESTER was 104.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 43.981%.Applying this 43.981% change to the original purchase price of £240,000 results in an estimated price of approximately £345,553.
| 7 Aug 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 149.7 | 43.981 % | £240,000 | £105,553 | £345,553 |
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 | 58.582 % | £140,597 | £380,597 |
| 3 Month Average | 52.472 % | £125,933 | £365,933 |
| 6 Month Average | 51.290 % | £123,096 | £363,096 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2023 | £471,958 | £462,500 | 79 NEWLYN DRIVE |
| 31 Jan 2023 | £481,286 | £480,000 | 51 DALEBROOK ROAD |
| 23 Jan 2023 | £526,407 | £525,000 | 59 DALEBROOK ROAD |
| 23 Jan 2023 | £441,179 | £440,000 | 94 CRADDOCK ROAD |
| 20 Jan 2023 | £458,224 | £457,000 | 118 CRADDOCK ROAD |
This house has a floor area of 89 sq meters or 959 sq feet when measured on 18 Apr 2011. Using an estimated price of £345,554 means this house is valued at £3,877 per sq meter (£360 per sq foot).
The average size of a house on CRADDOCK ROAD is 105 sq meters (1,130 sq feet).