£201,344
This estimated value is based upon the latest sale price for the house of £200,000 on 20 Feb 2023. 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 |
|---|---|
| £200,000 | 20 Feb 2023 |
| £115,000 | 30 Jun 2009 |
| £129,995 | 14 Jan 2005 |
| Detached |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 February 2023 the House Price Index for GREATER MANCHESTER was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £200,000 results in an estimated price of approximately £201,344.
| 20 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £200,000 | £1,344 | £201,344 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | -2.787 % | £-5,574 | £194,425 |
| 3 Month Average | -6.927 % | £-13,854 | £186,145 |
| 6 Month Average | -1.318 % | £-2,635 | £197,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £159,914 | £155,000 | 35 MONSALL STREET |
| 3 Nov 2023 | £153,907 | £150,000 | 12 PORTER DRIVE |
| 20 Jun 2023 | £145,924 | £143,000 | 388 LATHBURY ROAD |
| 20 Feb 2023 | £201,345 | £200,000 | 28 SIGNAL DRIVE |
| 4 Jan 2023 | £120,321 | £120,000 | 10 TADCASTER DRIVE |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 15 May 2015. Using an estimated price of £201,345 means this house is valued at £2,684 per sq meter (£249 per sq foot).
The average size of a house on SIGNAL DRIVE is 68 sq meters (742 sq feet).