£492,900
This estimated value is based upon the latest sale price for the house of £431,000 on 4 Feb 2021. 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 |
---|---|
£431,000 | 4 Feb 2021 |
£431,000 | 4 Feb 2021 |
Freehold |
Floor Area: 113 sq meters or 1,216 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 2021 the House Price Index for GREATER MANCHESTER was 130.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 14.362%.Applying this 14.362% change to the original purchase price of £431,000 results in an estimated price of approximately £492,900.
4 Feb 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
130.9 | 149.7 | 14.362 % | £431,000 | £61,900 | £492,900 |
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 | -4.513 % | £-19,452 | £411,547 |
3 Month Average | 8.105 % | £34,932 | £465,932 |
6 Month Average | 11.815 % | £50,921 | £481,921 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Sep 2023 | £688,170 | £673,000 | 208 BROOKLANDS ROAD |
7 Jun 2023 | £594,412 | £582,500 | 13 ESHER DRIVE |
28 Feb 2023 | £70,471 | £70,000 | FLAT 21 HATTONFOLD, 203 BROOKLANDS ROAD |
11 Apr 2022 | £364,135 | £351,000 | 3 MAPLE ROAD WEST |
20 Sep 2021 | £974,298 | £897,500 | 187 BROOKLANDS ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 1 Sep 2020. Using an estimated price of £492,901 means this house is valued at £4,361 per sq meter (£405 per sq foot).
The average size of a house on ESHER DRIVE is 125 sq meters (1,350 sq feet).