£230,020
This estimated value is based upon the latest sale price for the house of £88,950 on 29 Nov 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 |
|---|---|
| £88,950 | 29 Nov 2002 |
| £66,995 | 29 Sep 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 November 2002 the House Price Index for GREATER MANCHESTER was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £88,950 results in an estimated price of approximately £230,020.
| 29 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 149.7 | 158.595 % | £88,950 | £141,070 | £230,020 |
The Postcode Pricing Model uses changes in average sales price within the M23 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 | 298.861 % | £265,837 | £354,787 |
| 3 Month Average | 212.396 % | £188,926 | £277,876 |
| 6 Month Average | 223.764 % | £199,038 | £287,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £430,939 | £420,000 | 9 NETHERCOTE AVENUE |
| 23 Aug 2023 | £91,653 | £90,000 | 52 NETHERCOTE AVENUE |
| 28 Feb 2023 | £518,463 | £515,000 | 54 NETHERCOTE AVENUE |
| 12 Jan 2023 | £219,085 | £218,500 | 11 CHEDWORTH DRIVE |
| 20 May 2022 | £236,152 | £230,000 | 15 CHEDWORTH DRIVE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 6 Sep 2012. Using an estimated price of £230,020 means this house is valued at £3,833 per sq meter (£356 per sq foot).
The average size of a house on NETHERCOTE AVENUE is 126 sq meters (1,359 sq feet).