£311,831
This estimated value is based upon the latest sale price for the house of £257,000 on 27 Mar 2020. 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 |
---|---|
£257,000 | 27 Mar 2020 |
£154,000 | 29 Aug 2014 |
Semi-Detached |
Leasehold |
Floor Area: 131 sq meters or 1,410 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 March 2020 the House Price Index for GREATER MANCHESTER was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £257,000 results in an estimated price of approximately £311,831.
27 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £257,000 | £54,831 | £311,831 |
The Postcode Pricing Model uses changes in average sales price within the M6 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 | 71.276 % | £183,179 | £440,179 |
3 Month Average | 60.398 % | £155,223 | £412,223 |
6 Month Average | 44.457 % | £114,254 | £371,254 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £285,726 | £280,000 | 48 ACRESFIELD ROAD |
23 Jun 2023 | £433,691 | £425,000 | 69 ACRESFIELD ROAD |
21 Jan 2022 | £323,360 | £305,000 | 16 ALRESFORD ROAD |
20 Dec 2021 | £280,620 | £260,000 | 2 ALRESFORD ROAD |
24 Nov 2021 | £272,380 | £250,000 | 37 ACRESFIELD ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 26 Feb 2014. Using an estimated price of £311,832 means this house is valued at £2,380 per sq meter (£221 per sq foot).
The average size of a house on SUMNER ROAD is 123 sq meters (1,325 sq feet).