£486,206
This estimated value is based upon the latest sale price for the house of £380,000 on 18 Aug 2017. 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 |
|---|---|
| £380,000 | 18 Aug 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 258 sq meters or 2,777 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 2017 the House Price Index for GREATER MANCHESTER was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £380,000 results in an estimated price of approximately £486,206.
| 18 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £380,000 | £106,206 | £486,206 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 80.507 % | £305,927 | £685,927 |
| 3 Month Average | 73.392 % | £278,889 | £658,889 |
| 6 Month Average | 62.054 % | £235,805 | £615,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £159,888 | £158,500 | FLAT 4 WINTERLEY COURT, 19 - 21 ERRWOOD ROAD |
| 7 Dec 2023 | £419,387 | £406,500 | 31 VICTORIA AVENUE |
| 16 Nov 2023 | £304,735 | £297,000 | 34 MILWAIN ROAD |
| 21 Sep 2023 | £416,174 | £407,000 | 37 LINDEN PARK |
| 21 Sep 2023 | £613,525 | £600,000 | 6 ERRWOOD ROAD |
This house has a floor area of 258 sq meters or 2,777 sq feet when measured on 20 Jan 2014. Using an estimated price of £486,206 means this house is valued at £1,884 per sq meter (£175 per sq foot).
The average size of a house on ERRWOOD ROAD is 112 sq meters (1,210 sq feet).