£280,896
This estimated value is based upon the latest sale price for the house of £225,000 on 31 Jul 2018. 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 |
---|---|
£225,000 | 31 Jul 2018 |
£219,950 | 3 Sep 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 79 sq meters or 852 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 2018 the House Price Index for GREATER MANCHESTER was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £225,000 results in an estimated price of approximately £280,896.
31 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £225,000 | £55,896 | £280,896 |
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 | 7.539 % | £16,961 | £241,961 |
3 Month Average | 37.321 % | £83,972 | £308,972 |
6 Month Average | 39.722 % | £89,374 | £314,374 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Nov 2023 | £487,371 | £475,000 | 2 WARWICK DRIVE |
10 Nov 2023 | £212,956 | £207,550 | 12A CLARENDON ROAD |
17 Oct 2023 | £374,506 | £366,000 | 6 NOEL DRIVE |
13 Oct 2023 | £225,113 | £220,000 | FLAT 30 NORFOLK HOUSE CLARENDON ROAD |
22 Sep 2023 | £232,628 | £227,500 | FLAT 8 28 CLARENDON ROAD |
This house has a floor area of 79 sq meters or 852 sq feet when measured on 12 Jan 2009. Using an estimated price of £280,896 means this house is valued at £3,545 per sq meter (£329 per sq foot).
The average size of a house on CLARENDON ROAD is 93 sq meters (1,002 sq feet).