£80,853
This estimated value is based upon the latest sale price for the house of £63,950 on 12 Jan 2018. 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 |
|---|---|
| £63,950 | 12 Jan 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 January 2018 the House Price Index for GREATER MANCHESTER was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £63,950 results in an estimated price of approximately £80,853.
| 12 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £63,950 | £16,903 | £80,853 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 52.184 % | £33,371 | £97,321 |
| 3 Month Average | 71.060 % | £45,442 | £109,392 |
| 6 Month Average | 43.105 % | £27,565 | £91,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £191,000 | £191,000 | SOVEREIGN WORKS FACTORY LANE |
| 7 Jun 2024 | £180,000 | £180,000 | 80 FACTORY LANE |
| 5 Mar 2024 | £142,185 | £140,000 | 3 ELLENHALL CLOSE |
| 29 Sep 2023 | £214,734 | £210,000 | 3 SELWYN AVENUE |
| 19 Sep 2023 | £145,201 | £142,000 | 9 RISLEY AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 29 Nov 2017. Using an estimated price of £80,854 means this house is valued at £1,092 per sq meter (£101 per sq foot).
The average size of a house on SELWYN AVENUE is 85 sq meters (914 sq feet).