£166,435
This estimated value is based upon the latest sale price for the house of £120,000 on 20 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 |
|---|---|
| £120,000 | 20 Nov 2015 |
| £118,000 | 15 Sep 2005 |
| £92,000 | 25 Jul 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 Apr 2024 is 148.0 which is a change of 38.696%.Applying this 38.696% change to the original purchase price of £120,000 results in an estimated price of approximately £166,435.
| 20 Nov 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.0 | 38.696 % | £120,000 | £46,435 | £166,435 |
The Postcode Pricing Model uses changes in average sales price within the M8 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 | -39.952 % | £-47,942 | £72,057 |
| 3 Month Average | 83.779 % | £100,535 | £220,535 |
| 6 Month Average | 105.695 % | £126,833 | £246,833 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £224,242 | £220,000 | FLAT 1 7 ASH TREE ROAD |
| 28 Jul 2023 | £227,149 | £225,000 | 70 MOSS BANK |
| 6 Apr 2023 | £257,917 | £256,000 | 34 ASH TREE ROAD |
| 2 Sep 2022 | £326,035 | £330,000 | 5 ASH TREE ROAD |
| 12 Aug 2022 | £198,658 | £200,000 | 73 MOSS BANK |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 14 May 2015. Using an estimated price of £166,435 means this house is valued at £1,459 per sq meter (£135 per sq foot).
The average size of a house on KINGS AVENUE is 131 sq meters (1,414 sq feet).