£328,609
This estimated value is based upon the latest sale price for the house of £245,000 on 5 Aug 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 |
---|---|
£245,000 | 5 Aug 2016 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £245,000 results in an estimated price of approximately £328,609.
5 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.126 % | £245,000 | £83,609 | £328,609 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | 49.053 % | £120,180 | £365,180 |
3 Month Average | 36.887 % | £90,372 | £335,372 |
6 Month Average | 43.125 % | £105,655 | £350,655 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £444,805 | £435,000 | 12 BERWICK AVENUE |
16 Jun 2023 | £306,135 | £300,000 | 18 CHEVINGTON DRIVE |
6 Apr 2023 | £271,070 | £266,000 | 30 CHEVINGTON DRIVE |
31 Mar 2023 | £307,129 | £302,000 | 40 CHEVINGTON DRIVE |
13 Jan 2023 | £270,723 | £270,000 | 70 CHEVINGTON DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 25 Apr 2016. Using an estimated price of £328,609 means this house is valued at £3,533 per sq meter (£328 per sq foot).
The average size of a house on BERWICK AVENUE is 81 sq meters (877 sq feet).