£418,474
This estimated value is based upon the latest sale price for the house of £312,000 on 12 Aug 2016. 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 |
|---|---|
| £312,000 | 12 Aug 2016 |
| £66,450 | 28 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 August 2016 the House Price Index for GREATER MANCHESTER was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.126%.Applying this 34.126% change to the original purchase price of £312,000 results in an estimated price of approximately £418,474.
| 12 Aug 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.126 % | £312,000 | £106,474 | £418,474 |
The Postcode Pricing Model uses changes in average sales price within the M21 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 | 12.512 % | £39,037 | £351,037 |
| 3 Month Average | 24.129 % | £75,281 | £387,281 |
| 6 Month Average | 30.784 % | £96,046 | £408,046 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 May 2024 | £425,000 | £425,000 | 140 OSWALD ROAD |
| 3 Apr 2024 | £476,135 | £472,000 | 13 KENSINGTON ROAD |
| 3 Oct 2023 | £475,807 | £465,000 | 16 RANSFIELD ROAD |
| 21 Aug 2023 | £413,966 | £406,500 | 34 CHELTENHAM ROAD |
| 23 Jun 2023 | £428,589 | £420,000 | 120 OSWALD ROAD |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 20 Aug 2020. Using an estimated price of £418,474 means this house is valued at £3,947 per sq meter (£366 per sq foot).
The average size of a house on KENSINGTON ROAD is 110 sq meters (1,186 sq feet).