£367,585
This estimated value is based upon the latest sale price for the house of £250,000 on 11 May 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 |
|---|---|
| £250,000 | 11 May 2015 |
| £202,000 | 30 Nov 2012 |
| £112,000 | 9 Aug 2000 |
| Terraced |
| Freehold |
| Floor Area: 105 sq meters or 1,135 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 May 2015 the House Price Index for GREATER MANCHESTER was 101.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 47.034%.Applying this 47.034% change to the original purchase price of £250,000 results in an estimated price of approximately £367,585.
| 11 May 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 149.7 | 47.034 % | £250,000 | £117,585 | £367,585 |
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 | 47.932 % | £119,830 | £369,830 |
| 3 Month Average | 79.630 % | £199,076 | £449,076 |
| 6 Month Average | 76.976 % | £192,440 | £442,440 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jun 2024 | £590,000 | £590,000 | 54 POPLAR GROVE |
| 15 Dec 2023 | £330,145 | £320,000 | 3 SOUTH GROVE |
| 3 Mar 2023 | £335,605 | £330,000 | AN PHOINTE, 10 SOUTH GROVE |
| 24 Aug 2022 | £577,701 | £575,000 | 31 POPLAR GROVE |
| 5 Aug 2022 | £502,349 | £500,000 | 25 SOUTH GROVE |
This house has a floor area of 105 sq meters or 1,135 sq feet when measured on 7 Mar 2009. Using an estimated price of £367,586 means this house is valued at £3,483 per sq meter (£323 per sq foot).
The average size of a house on SOUTH GROVE is 109 sq meters (1,179 sq feet).