£419,921
This estimated value is based upon the latest sale price for the house of £320,000 on 24 Nov 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 |
|---|---|
| £320,000 | 24 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 2016 the House Price Index for GREATER MANCHESTER was 112.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.226%.Applying this 31.226% change to the original purchase price of £320,000 results in an estimated price of approximately £419,921.
| 24 Nov 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.0 | 31.226 % | £320,000 | £99,921 | £419,921 |
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 | 22.581 % | £72,260 | £392,260 |
| 3 Month Average | 24.504 % | £78,412 | £398,412 |
| 6 Month Average | 32.183 % | £102,984 | £422,984 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £503,526 | £494,000 | 23 HARROW DRIVE |
| 28 Nov 2023 | £608,816 | £601,000 | 4 BROOKSIDE ROAD |
| 12 Aug 2022 | £362,550 | £365,000 | 17 SHREWSBURY ROAD |
| 20 May 2022 | £774,513 | £763,000 | 14 WOODBOURNE ROAD |
| 22 Apr 2022 | £697,436 | £680,000 | 6 WOODBOURNE ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 15 Aug 2016. Using an estimated price of £419,922 means this house is valued at £4,157 per sq meter (£386 per sq foot).
The average size of a house on WOODBOURNE ROAD is 121 sq meters (1,313 sq feet).