£488,506
This estimated value is based upon the latest sale price for the house of £450,000 on 16 Sep 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 | 16 Sep 2021 |
| £285,000 | 30 Jan 2015 |
| £75,900 | 16 Apr 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 September 2021 the House Price Index for GREATER MANCHESTER was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £450,000 results in an estimated price of approximately £488,506.
| 16 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £450,000 | £38,506 | £488,506 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | -12.722 % | £-57,250 | £392,749 |
| 3 Month Average | 20.048 % | £90,217 | £540,217 |
| 6 Month Average | 10.535 % | £47,408 | £497,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £507,802 | £500,000 | 57 MARFORD CRESCENT |
| 5 Dec 2023 | £443,632 | £430,000 | 101 MARFORD CRESCENT |
| 20 Oct 2023 | £442,551 | £432,500 | 71 MARFORD CRESCENT |
| 29 Jun 2023 | £673,497 | £660,000 | 120 WALTON ROAD |
| 10 Mar 2023 | £254,246 | £250,000 | 66 MARFORD CRESCENT |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 22 Jun 2021. Using an estimated price of £488,506 means this house is valued at £4,742 per sq meter (£440 per sq foot).
The average size of a house on LUDFORD GROVE is 107 sq meters (1,151 sq feet).