£355,021
This estimated value is based upon the latest sale price for the house of £318,500 on 13 Oct 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 |
|---|---|
| £318,500 | 13 Oct 2021 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2021 the House Price Index for GREATER MANCHESTER was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £318,500 results in an estimated price of approximately £355,021.
| 13 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £318,500 | £36,521 | £355,021 |
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 | -9.525 % | £-30,337 | £288,162 |
| 3 Month Average | 7.775 % | £24,764 | £343,264 |
| 6 Month Average | 13.100 % | £41,723 | £360,223 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £435,732 | £427,000 | 3 NEWPORT ROAD |
| 27 Mar 2023 | £444,422 | £437,000 | 25 NEWPORT ROAD |
| 12 Jan 2023 | £511,366 | £510,000 | 59 NEWPORT ROAD |
| 4 Oct 2022 | £458,469 | £460,000 | 12 NEWPORT ROAD |
| 26 Aug 2022 | £462,161 | £460,000 | 3 LONGFORD ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 5 Mar 2020. Using an estimated price of £355,022 means this house is valued at £4,080 per sq meter (£379 per sq foot).
The average size of a house on NEWPORT ROAD is 105 sq meters (1,135 sq feet).