£873,300
This estimated value is based upon the latest sale price for the house of £475,000 on 13 Jul 2005. 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 |
|---|---|
| £475,000 | 13 Jul 2005 |
| Detached |
| Freehold |
| Floor Area: 215 sq meters or 2,314 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 July 2005 the House Price Index for GREATER MANCHESTER was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 83.853%.Applying this 83.853% change to the original purchase price of £475,000 results in an estimated price of approximately £873,300.
| 13 Jul 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 83.853 % | £475,000 | £398,300 | £873,300 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | -46.031 % | £-218,646 | £256,353 |
| 3 Month Average | 134.246 % | £637,670 | £1,112,670 |
| 6 Month Average | 170.676 % | £810,712 | £1,285,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Sep 2021 | £234,376 | £217,500 | 3 BRANTWOOD COURT |
| 23 Nov 2020 | £741,986 | £640,000 | 51 WATERPARK ROAD |
| 4 Aug 2020 | £581,547 | £485,000 | 32 WATERPARK ROAD |
| 13 May 2020 | £776,720 | £635,000 | 1 HANOVER GARDENS |
| 30 Apr 2020 | £484,894 | £395,000 | 2 HANOVER GARDENS |
This house has a floor area of 215 sq meters or 2,314 sq feet when measured on 16 Feb 2017. Using an estimated price of £873,300 means this house is valued at £4,061 per sq meter (£377 per sq foot).
The average size of a house on WATERPARK ROAD is 156 sq meters (1,684 sq feet).