£407,120
This estimated value is based upon the latest sale price for the house of £240,000 on 29 Sep 2006. 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 |
|---|---|
| £240,000 | 29 Sep 2006 |
| 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 September 2006 the House Price Index for GREATER MANCHESTER was 87.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.633%.Applying this 69.633% change to the original purchase price of £240,000 results in an estimated price of approximately £407,120.
| 29 Sep 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.0 | 69.633 % | £240,000 | £167,120 | £407,120 |
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 | 82.684 % | £198,440 | £438,440 |
| 3 Month Average | 77.830 % | £186,792 | £426,792 |
| 6 Month Average | 85.111 % | £204,266 | £444,266 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £541,958 | £535,000 | 5 FOREST DRIVE |
| 4 Aug 2023 | £485,890 | £482,935 | 12 EDALE GROVE |
| 15 Jul 2022 | £529,285 | £530,000 | 2 WOODHOUSE LANE |
| 1 Jul 2022 | £669,096 | £670,000 | 8 EDALE GROVE |
| 24 Feb 2022 | £539,986 | £517,000 | 22 EDALE GROVE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 21 Aug 2019. Using an estimated price of £407,120 means this house is valued at £4,030 per sq meter (£374 per sq foot).
The average size of a house on EDALE GROVE is 116 sq meters (1,252 sq feet).