£869,793
This estimated value is based upon the latest sale price for the house of £620,000 on 26 Nov 2015. 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 |
---|---|
£620,000 | 26 Nov 2015 |
£277,500 | 9 Aug 2002 |
Semi-Detached |
Freehold |
Floor Area: 145 sq meters or 1,560 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 November 2015 the House Price Index for GREATER MANCHESTER was 106.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 40.289%.Applying this 40.289% change to the original purchase price of £620,000 results in an estimated price of approximately £869,793.
26 Nov 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 149.7 | 40.289 % | £620,000 | £249,793 | £869,793 |
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 | 29.004 % | £179,826 | £799,826 |
3 Month Average | 27.413 % | £169,961 | £789,961 |
6 Month Average | 35.246 % | £218,524 | £838,524 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Aug 2023 | £809,602 | £795,000 | 56 BROOKBURN ROAD |
23 Jun 2023 | £392,872 | £384,999 | 27 WILLASTON CLOSE |
16 Jan 2023 | £413,605 | £412,500 | 71 CLAUDE ROAD |
28 Oct 2022 | £859,130 | £862,000 | 23 MEADOW BANK |
1 Aug 2022 | £884,134 | £880,000 | 21 MEADOW BANK |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 15 Apr 2015. Using an estimated price of £869,794 means this house is valued at £5,998 per sq meter (£557 per sq foot).
The average size of a house on MEADOW BANK is 194 sq meters (2,091 sq feet).
This house is the smallest in the street with a floor area of 145 sq meters (1,560 sq feet).