£782,918
This estimated value is based upon the latest sale price for the house of £275,000 on 7 Jun 2002. 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 |
|---|---|
| £275,000 | 7 Jun 2002 |
| Detached |
| Leasehold |
| Floor Area: 141 sq meters or 1,521 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 2002 the House Price Index for GREATER MANCHESTER was 52.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 184.698%.Applying this 184.698% change to the original purchase price of £275,000 results in an estimated price of approximately £782,918.
| 7 Jun 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 148.0 | 184.698 % | £275,000 | £507,918 | £782,918 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 120.269 % | £330,739 | £605,739 |
| 3 Month Average | 107.429 % | £295,428 | £570,428 |
| 6 Month Average | 165.383 % | £454,804 | £729,804 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £1,095,730 | £1,075,000 | 12 WINCHESTER PARK |
| 24 Aug 2023 | £432,631 | £430,000 | 3 ADAMSON GARDENS |
| 31 Jul 2023 | £338,199 | £335,000 | 2 ADAMSON GARDENS |
| 16 Jun 2023 | £356,894 | £354,000 | 6 CANTERBURY PARK |
| 5 Jan 2023 | £416,343 | £420,000 | 3 BIRLEY PARK |
This house has a floor area of 141 sq meters or 1,521 sq feet when measured on 21 Jul 2011. Using an estimated price of £782,918 means this house is valued at £5,539 per sq meter (£514 per sq foot).
The average size of a house on WINCHESTER PARK is 169 sq meters (1,820 sq feet).