£460,889
This estimated value is based upon the latest sale price for the house of £390,000 on 9 Oct 2020. 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 |
|---|---|
| £390,000 | 9 Oct 2020 |
| £209,000 | 18 Dec 2009 |
| £135,000 | 20 Dec 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 October 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £390,000 results in an estimated price of approximately £460,889.
| 9 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £390,000 | £70,889 | £460,889 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | -5.417 % | £-21,127 | £368,872 |
| 3 Month Average | 2.327 % | £9,076 | £399,076 |
| 6 Month Average | 8.865 % | £34,572 | £424,572 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £348,855 | £340,000 | 105 FOG LANE |
| 20 Oct 2023 | £450,226 | £440,000 | 34 AUSTIN DRIVE |
| 24 Mar 2023 | £432,218 | £425,000 | 25 AUSTIN DRIVE |
| 10 Mar 2023 | £172,887 | £170,000 | FLAT 7 AUSTIN COURT, 4 - 6 MILDEN CLOSE |
| 30 Sep 2022 | £119,920 | £120,000 | FLAT 17 AUSTIN COURT, 4 - 6 MILDEN CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 24 Jul 2020. Using an estimated price of £460,889 means this house is valued at £5,552 per sq meter (£515 per sq foot).
The average size of a house on AUSTIN DRIVE is 99 sq meters (1,076 sq feet).