£386,696
This estimated value is based upon the latest sale price for the house of £139,950 on 1 Aug 2002. 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 |
|---|---|
| £139,950 | 1 Aug 2002 |
| £65,000 | 19 Jul 1996 |
| Semi-Detached |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 August 2002 the House Price Index for GREATER MANCHESTER was 54.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 176.311%.Applying this 176.311% change to the original purchase price of £139,950 results in an estimated price of approximately £386,696.
| 1 Aug 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 149.7 | 176.311 % | £139,950 | £246,746 | £386,696 |
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 | 142.310 % | £199,162 | £339,112 |
| 3 Month Average | 143.864 % | £201,337 | £341,287 |
| 6 Month Average | 162.190 % | £226,985 | £366,935 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £153,486 | £150,000 | 48 FARLANDS DRIVE |
| 22 Sep 2023 | £347,664 | £340,000 | 22 JAYTON AVENUE |
| 25 Aug 2023 | £361,520 | £355,000 | 4 NORVIEW DRIVE |
| 1 Feb 2023 | £389,049 | £386,450 | 45 HIGHBANK DRIVE |
| 11 Nov 2022 | £398,138 | £400,000 | 43 BROAD OAK LANE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 18 Sep 2013. Using an estimated price of £386,697 means this house is valued at £4,203 per sq meter (£390 per sq foot).
The average size of a house on FARLANDS DRIVE is 107 sq meters (1,151 sq feet).