£232,979
This estimated value is based upon the latest sale price for the house of £188,000 on 31 Jul 2018. 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 |
|---|---|
| £188,000 | 31 Jul 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 July 2018 the House Price Index for GREATER MANCHESTER was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £188,000 results in an estimated price of approximately £232,979.
| 31 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £188,000 | £44,979 | £232,979 |
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 | -63.611 % | £-119,588 | £68,411 |
| 3 Month Average | 20.902 % | £39,296 | £227,296 |
| 6 Month Average | 37.174 % | £69,887 | £257,887 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £223,918 | £220,000 | FLAT 1 7 ASH TREE ROAD |
| 28 Jul 2023 | £228,070 | £225,000 | 70 MOSS BANK |
| 2 Sep 2022 | £327,356 | £330,000 | 5 ASH TREE ROAD |
| 12 Aug 2022 | £199,463 | £200,000 | 73 MOSS BANK |
| 17 Feb 2022 | £304,121 | £290,000 | 3 ASH TREE ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 10 Apr 2018. Using an estimated price of £232,980 means this house is valued at £2,240 per sq meter (£208 per sq foot).
The average size of a house on KINGS AVENUE is 131 sq meters (1,414 sq feet).
This house is the smallest in the street with a floor area of 104 sq meters (1,119 sq feet).