£408,237
This estimated value is based upon the latest sale price for the house of £363,000 on 28 Apr 2021. 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 |
|---|---|
| £363,000 | 28 Apr 2021 |
| £355,000 | 8 Jun 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,388 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 April 2021 the House Price Index for GREATER MANCHESTER was 131.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 12.462%.Applying this 12.462% change to the original purchase price of £363,000 results in an estimated price of approximately £408,237.
| 28 Apr 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.0 | 12.462 % | £363,000 | £45,237 | £408,237 |
The Postcode Pricing Model uses changes in average sales price within the SK8 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 | 60.594 % | £219,954 | £582,954 |
| 3 Month Average | 30.565 % | £110,952 | £473,952 |
| 6 Month Average | 6.031 % | £21,892 | £384,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £521,169 | £518,000 | 6 PENNINGTON GARDENS |
| 17 Oct 2022 | £315,313 | £320,000 | 52 BARNES WAY |
| 11 Mar 2022 | £330,265 | £320,000 | APARTMENT 1 WEST WING THE OLD HOSPITAL PENNINGTON GARDENS |
| 11 Feb 2022 | £379,139 | £363,000 | 2 PENNINGTON GARDENS |
| 28 Sep 2021 | £375,635 | £350,000 | 26 PENNINGTON GARDENS |
This house has a floor area of 129 sq meters or 1,388 sq feet when measured on 23 May 2018. Using an estimated price of £408,237 means this house is valued at £3,164 per sq meter (£294 per sq foot).
The average size of a house on WORTHINGTON CRESCENT is 109 sq meters (1,180 sq feet).