£284,170
This estimated value is based upon the latest sale price for the house of £230,000 on 15 Nov 2019. 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 |
|---|---|
| £230,000 | 15 Nov 2019 |
| £118,000 | 31 May 2002 |
| £56,000 | 1 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £230,000 results in an estimated price of approximately £284,170.
| 15 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £230,000 | £54,170 | £284,170 |
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 | 58.624 % | £134,835 | £364,835 |
| 3 Month Average | 39.381 % | £90,575 | £320,575 |
| 6 Month Average | 34.484 % | £79,312 | £309,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2024 | £590,000 | £590,000 | 54 POPLAR GROVE |
| 15 Dec 2023 | £330,145 | £320,000 | 3 SOUTH GROVE |
| 3 Mar 2023 | £335,605 | £330,000 | AN PHOINTE, 10 SOUTH GROVE |
| 24 Feb 2023 | £357,387 | £355,000 | 18 THE GROVE |
| 17 Feb 2023 | £261,748 | £260,000 | 6 THE GROVE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 4 Oct 2019. Using an estimated price of £284,171 means this house is valued at £3,023 per sq meter (£280 per sq foot).
The average size of a house on MARSLAND ROAD is 116 sq meters (1,255 sq feet).