£209,294
This estimated value is based upon the latest sale price for the house of £170,000 on 8 May 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 |
|---|---|
| £170,000 | 8 May 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 May 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.115%.Applying this 23.115% change to the original purchase price of £170,000 results in an estimated price of approximately £209,294.
| 8 May 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.115 % | £170,000 | £39,294 | £209,294 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | -53.052 % | £-90,188 | £79,811 |
| 3 Month Average | 21.547 % | £36,630 | £206,630 |
| 6 Month Average | 48.149 % | £81,853 | £251,853 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £224,242 | £220,000 | FLAT 1 7 ASH TREE ROAD |
| 6 Apr 2023 | £257,917 | £256,000 | 34 ASH TREE ROAD |
| 20 Jan 2023 | £156,624 | £158,000 | 34 WELLINGTON ROAD |
| 11 Nov 2022 | £160,399 | £163,000 | 35 WELLINGTON ROAD |
| 2 Sep 2022 | £326,035 | £330,000 | 5 ASH TREE ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 2 Apr 2019. Using an estimated price of £209,295 means this house is valued at £2,378 per sq meter (£220 per sq foot).
The average size of a house on CRESCENT ROAD is 125 sq meters (1,352 sq feet).