£158,570
This estimated value is based upon the latest sale price for the house of £44,200 on 26 Jan 2001. 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 |
---|---|
£44,200 | 26 Jan 2001 |
Terraced |
Leasehold |
Floor Area: 69 sq meters or 742 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 January 2001 the House Price Index for GREATER MANCHESTER was 41.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 258.756%.Applying this 258.756% change to the original purchase price of £44,200 results in an estimated price of approximately £158,570.
26 Jan 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
41.7 | 149.7 | 258.756 % | £44,200 | £114,370 | £158,570 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | 410.125 % | £181,275 | £225,475 |
3 Month Average | 358.114 % | £158,286 | £202,486 |
6 Month Average | 410.899 % | £181,617 | £225,817 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £110,964 | £110,000 | 34 GRAVENMOOR DRIVE |
6 Oct 2023 | £214,880 | £210,000 | 39 ST JAMES ROAD |
28 Sep 2023 | £187,125 | £183,000 | 13 BROMSHILL DRIVE |
14 Oct 2022 | £119,601 | £120,000 | 25 BROMSHILL DRIVE |
11 Jul 2022 | £252,530 | £250,000 | 71 HACKING STREET |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 19 Nov 2013. Using an estimated price of £158,570 means this house is valued at £2,298 per sq meter (£213 per sq foot).
The average size of a house on GRAVENMOOR DRIVE is 70 sq meters (754 sq feet).