£252,141
This estimated value is based upon the latest sale price for the house of £114,950 on 19 Dec 2003. 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 |
---|---|
£114,950 | 19 Dec 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 58 sq meters or 624 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 December 2003 the House Price Index for GREATER MANCHESTER was 68.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 119.349%.Applying this 119.349% change to the original purchase price of £114,950 results in an estimated price of approximately £252,141.
19 Dec 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.2 | 149.7 | 119.349 % | £114,950 | £137,191 | £252,141 |
The Postcode Pricing Model uses changes in average sales price within the M21 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 | 133.918 % | £153,938 | £268,888 |
3 Month Average | 123.702 % | £142,195 | £257,145 |
6 Month Average | 131.178 % | £150,788 | £265,738 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £265,861 | £260,000 | 12 NEW BARNS AVENUE |
29 Aug 2023 | £413,966 | £406,500 | 97 NEW BARNS AVENUE |
27 Apr 2023 | £346,481 | £340,000 | 15 ROCHESTER AVENUE |
10 Feb 2023 | £407,724 | £405,000 | 45 NEW BARNS AVENUE |
25 Jul 2022 | £400,008 | £396,000 | PARKING SPACE 69 NEW BARNS AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 7 Jun 2017. Using an estimated price of £252,142 means this house is valued at £4,347 per sq meter (£403 per sq foot).
The average size of a house on NEW BARNS AVENUE is 99 sq meters (1,071 sq feet).