£486,389
This estimated value is based upon the latest sale price for the house of £450,000 on 24 Jun 2021. 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 |
---|---|
£450,000 | 24 Jun 2021 |
£320,000 | 13 Feb 2015 |
£302,000 | 19 Feb 2008 |
£200,000 | 14 Mar 2007 |
Terraced |
Freehold |
Floor Area: 114 sq meters or 1,232 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 June 2021 the House Price Index for GREATER MANCHESTER was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £450,000 results in an estimated price of approximately £486,389.
24 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £450,000 | £36,389 | £486,389 |
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 | 18.780 % | £84,510 | £534,510 |
3 Month Average | 7.677 % | £34,547 | £484,547 |
6 Month Average | -9.209 % | £-41,439 | £408,560 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Aug 2024 | £210,000 | £210,000 | 12 REEVES ROAD |
3 May 2024 | £635,000 | £635,000 | 23 BEECH ROAD |
5 Oct 2023 | £767,430 | £750,000 | 52 CLAUDE ROAD |
15 Feb 2023 | £796,823 | £791,500 | 6 CLAUDE ROAD |
29 Nov 2022 | £512,603 | £515,000 | 21 REEVES ROAD |
This house has a floor area of 114 sq meters or 1,232 sq feet when measured on 23 Dec 2011. Using an estimated price of £486,390 means this house is valued at £4,249 per sq meter (£394 per sq foot).
The average size of a house on REYNARD ROAD is 118 sq meters (1,270 sq feet).