£343,630
This estimated value is based upon the latest sale price for the house of £207,500 on 27 Sep 2013. 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 |
|---|---|
| £207,500 | 27 Sep 2013 |
| Semi-Detached |
| Leasehold |
| Floor Area: 118 sq meters or 1,270 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 September 2013 the House Price Index for GREATER MANCHESTER was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £207,500 results in an estimated price of approximately £343,630.
| 27 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £207,500 | £136,130 | £343,630 |
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 | 121.958 % | £253,063 | £460,563 |
| 3 Month Average | 91.038 % | £188,904 | £396,404 |
| 6 Month Average | 84.568 % | £175,477 | £382,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £541,947 | £530,000 | 12 ELTON ROAD |
| 3 Apr 2023 | £387,243 | £380,000 | 19 LOWTON ROAD |
| 15 Feb 2023 | £412,757 | £410,000 | 13 CRANMERE DRIVE |
| 17 Jun 2022 | £582,450 | £570,000 | 15 DRAYTON CLOSE |
| 22 Apr 2022 | £352,723 | £340,000 | 49 COPPICE AVENUE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 25 Aug 2016. Using an estimated price of £343,630 means this house is valued at £2,912 per sq meter (£270 per sq foot).
The average size of a house on CRANMERE DRIVE is 121 sq meters (1,308 sq feet).