£389,134
This estimated value is based upon the latest sale price for the house of £360,021 on 30 Jun 2021. 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 |
---|---|
£360,021 | 30 Jun 2021 |
£195,000 | 16 Aug 2013 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 June 2021 the House Price Index for GREATER MANCHESTER was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £360,021 results in an estimated price of approximately £389,134.
30 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 149.7 | 8.087 % | £360,021 | £29,113 | £389,134 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | -19.936 % | £-71,774 | £288,246 |
3 Month Average | -12.423 % | £-44,724 | £315,296 |
6 Month Average | -4.052 % | £-14,587 | £345,433 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £349,231 | £338,500 | 182 SCHOOL GROVE |
8 Sep 2023 | £296,537 | £290,000 | 21 FAIRHOLME ROAD |
5 Apr 2023 | £214,003 | £210,000 | 46 BROOKLEIGH ROAD |
8 Feb 2023 | £378,529 | £376,000 | 64 ASHDENE ROAD |
12 Sep 2022 | £362,258 | £362,500 | 29 SCHOOL GROVE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 11 Jun 2013. Using an estimated price of £389,135 means this house is valued at £4,323 per sq meter (£401 per sq foot).
The average size of a house on SCHOOL GROVE is 105 sq meters (1,137 sq feet).