£430,453
This estimated value is based upon the latest sale price for the house of £250,000 on 20 Mar 2012. 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 | 20 Mar 2012 |
| Terraced |
| Leasehold |
| Floor Area: 195 sq meters or 2,104 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 March 2012 the House Price Index for GREATER MANCHESTER was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £250,000 results in an estimated price of approximately £430,453.
| 20 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £250,000 | £180,453 | £430,453 |
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 | 128.863 % | £322,156 | £572,156 |
| 3 Month Average | 115.119 % | £287,796 | £537,796 |
| 6 Month Average | 121.868 % | £304,670 | £554,670 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £113,000 | £113,000 | 23 EVERGREEN MEWS |
| 9 Apr 2024 | £110,964 | £110,000 | 8 GREENCROFT WAY |
| 20 Oct 2023 | £498,829 | £487,500 | 28 ROWAN WAY |
| 11 Apr 2023 | £764,295 | £750,000 | 3 BROUGHTON GREEN SQUARE |
| 9 Nov 2022 | £308,557 | £310,000 | 11 TOPFIELDS GROVE |
This house has a floor area of 195 sq meters or 2,104 sq feet when measured on 2 Nov 2011. Using an estimated price of £430,454 means this house is valued at £2,202 per sq meter (£204 per sq foot).
The average size of a house on ROWAN WAY is 90 sq meters (970 sq feet).
This house is the largest in the street with a floor area of 195 sq meters (2,104 sq feet).