£344,051
This estimated value is based upon the latest sale price for the house of £335,088 on 25 May 2022. 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 |
|---|---|
| £335,088 | 25 May 2022 |
| £238,175 | 24 Jun 2016 |
| £161,000 | 30 Jun 2011 |
| £161,500 | 28 Feb 2005 |
| £74,000 | 25 Aug 2000 |
| £37,000 | 8 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 2022 the House Price Index for GREATER MANCHESTER was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £335,088 results in an estimated price of approximately £344,051.
| 25 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £335,088 | £8,963 | £344,051 |
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 | 10.777 % | £36,112 | £371,200 |
| 3 Month Average | 12.144 % | £40,693 | £375,781 |
| 6 Month Average | -3.192 % | £-10,695 | £324,392 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £450,226 | £440,000 | 34 AUSTIN DRIVE |
| 16 Oct 2023 | £409,296 | £400,000 | 15 THE DRIVE |
| 22 Aug 2023 | £534,643 | £525,000 | 131 FOG LANE |
| 4 Aug 2023 | £463,357 | £455,000 | 105 CATTERICK ROAD |
| 30 Jun 2023 | £290,828 | £285,000 | 274 PARRS WOOD ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 14 Dec 2010. Using an estimated price of £344,051 means this house is valued at £3,660 per sq meter (£340 per sq foot).
The average size of a house on THE DRIVE is 92 sq meters (991 sq feet).