£283,624
This estimated value is based upon the latest sale price for the house of £240,000 on 20 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 |
---|---|
£240,000 | 20 Oct 2020 |
£105,000 | 1 Nov 2013 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,011 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 £240,000 results in an estimated price of approximately £283,624.
20 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £240,000 | £43,624 | £283,624 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 18.320 % | £43,967 | £283,967 |
3 Month Average | 35.848 % | £86,035 | £326,035 |
6 Month Average | 39.593 % | £95,023 | £335,023 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Apr 2024 | £327,847 | £325,000 | 271 WILBRAHAM ROAD |
31 Mar 2023 | £292,383 | £287,500 | 3 PRESTBURY AVENUE |
31 Oct 2022 | £89,700 | £90,000 | 186 WILBRAHAM ROAD |
1 Jun 2022 | £293,780 | £287,500 | 7 BOWDON AVENUE |
18 Mar 2022 | £276,642 | £265,000 | 395 PRINCESS ROAD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 22 Apr 2013. Using an estimated price of £283,624 means this house is valued at £3,017 per sq meter (£280 per sq foot).
The average size of a house on BOWDON AVENUE is 111 sq meters (1,203 sq feet).