£922,879
This estimated value is based upon the latest sale price for the house of £550,000 on 14 Jun 2013. 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 |
---|---|
£550,000 | 14 Jun 2013 |
£500,000 | 20 Jan 2006 |
£165,000 | 19 Dec 1995 |
Detached |
Freehold |
Floor Area: 203 sq meters or 2,185 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 2013 the House Price Index for GREATER MANCHESTER was 89.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.796%.Applying this 67.796% change to the original purchase price of £550,000 results in an estimated price of approximately £922,879.
14 Jun 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.2 | 149.7 | 67.796 % | £550,000 | £372,879 | £922,879 |
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 | 69.405 % | £381,728 | £931,728 |
3 Month Average | 83.413 % | £458,773 | £1,008,773 |
6 Month Average | 83.559 % | £459,572 | £1,009,572 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2024 | £430,000 | £430,000 | 4 FOREST DRIVE |
26 Oct 2023 | £478,876 | £468,000 | 10 FOREST DRIVE |
13 Oct 2023 | £767,430 | £750,000 | 12 SANDOWN DRIVE |
4 Aug 2023 | £491,805 | £482,935 | 12 EDALE GROVE |
1 Jul 2022 | £676,781 | £670,000 | 8 EDALE GROVE |
This house has a floor area of 203 sq meters or 2,185 sq feet when measured on 2 Jul 2014. Using an estimated price of £922,879 means this house is valued at £4,546 per sq meter (£422 per sq foot).
The average size of a house on THE AVENUE is 177 sq meters (1,912 sq feet).