£298,210
This estimated value is based upon the latest sale price for the house of £295,000 on 19 Apr 2023. 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 |
|---|---|
| £295,000 | 19 Apr 2023 |
| £234,500 | 8 Sep 2017 |
| £58,925 | 27 Aug 1998 |
| Terraced |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 April 2023 the House Price Index for GREATER MANCHESTER was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £295,000 results in an estimated price of approximately £298,210.
| 19 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £295,000 | £3,210 | £298,210 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | -39.744 % | £-117,243 | £177,756 |
| 3 Month Average | -28.073 % | £-82,816 | £212,183 |
| 6 Month Average | -3.700 % | £-10,914 | £284,085 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2023 | £298,211 | £295,000 | 17 SCHOLARS DRIVE |
| 24 Feb 2023 | £289,805 | £290,000 | 23 SCHOLARS DRIVE |
| 2 Sep 2022 | £290,157 | £292,500 | 46 HASPER AVENUE |
| 30 Jun 2022 | £274,377 | £270,500 | 20 HASPER AVENUE |
| 30 Mar 2022 | £247,149 | £238,500 | 3 SCHOLARS DRIVE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 25 Apr 2016. Using an estimated price of £298,211 means this house is valued at £4,450 per sq meter (£413 per sq foot).
The average size of a house on SCHOLARS DRIVE is 77 sq meters (838 sq feet).