£322,320
This estimated value is based upon the latest sale price for the house of £315,000 on 16 Oct 2023. 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 |
|---|---|
| £315,000 | 16 Oct 2023 |
| £175,000 | 17 Apr 2014 |
| £62,000 | 12 Nov 1999 |
| Terraced |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 2023 the House Price Index for GREATER MANCHESTER was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £315,000 results in an estimated price of approximately £322,320.
| 16 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £315,000 | £7,320 | £322,320 |
The Postcode Pricing Model uses changes in average sales price within the M21 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 | -17.967 % | £-56,594 | £258,405 |
| 3 Month Average | 1.427 % | £4,495 | £319,495 |
| 6 Month Average | -2.180 % | £-6,867 | £308,132 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £1,311,388 | £1,300,000 | FLAT 1 13 MAPLE AVENUE |
| 16 Oct 2023 | £322,321 | £315,000 | 14 PRIORY AVENUE |
| 6 Oct 2023 | £327,437 | £320,000 | 25 NEEDHAM AVENUE |
| 5 Oct 2023 | £639,525 | £625,000 | 10 OAK AVENUE |
| 20 Apr 2023 | £300,623 | £295,000 | 29 NEEDHAM AVENUE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 31 Jul 2020. Using an estimated price of £322,321 means this house is valued at £6,320 per sq meter (£587 per sq foot).
The average size of a house on PRIORY AVENUE is 66 sq meters (711 sq feet).