£497,631
This estimated value is based upon the latest sale price for the house of £485,000 on 2 Nov 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 |
---|---|
£485,000 | 2 Nov 2023 |
£225,000 | 11 Jun 2012 |
£150,000 | 19 Aug 2002 |
£123,950 | 23 Jan 2001 |
£69,000 | 12 Sep 1997 |
Terraced |
Freehold |
Floor Area: 89 sq meters or 957 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 2023 the House Price Index for GREATER MANCHESTER was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £485,000 results in an estimated price of approximately £497,631.
2 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £485,000 | £12,631 | £497,631 |
The Postcode Pricing Model uses changes in average sales price within the WA14 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 | 112.764 % | £546,907 | £1,031,907 |
3 Month Average | 22.715 % | £110,167 | £595,167 |
6 Month Average | 6.321 % | £30,657 | £515,657 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 May 2024 | £460,000 | £460,000 | 28 COLWICK AVENUE |
16 Nov 2023 | £456,590 | £445,000 | 16 ASHTON AVENUE |
2 Nov 2023 | £497,632 | £485,000 | 3 COLWICK AVENUE |
23 Oct 2023 | £1,074,402 | £1,050,000 | 33 ELLESMERE ROAD |
26 Sep 2022 | £389,740 | £390,000 | 46 ELLESMERE ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 9 Nov 2015. Using an estimated price of £497,632 means this house is valued at £5,591 per sq meter (£519 per sq foot).
The average size of a house on COLWICK AVENUE is 94 sq meters (1,012 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | On or near Navigation Road (Station) |