£200,503
This estimated value is based upon the latest sale price for the house of £195,950 on 21 Feb 2024. 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 |
---|---|
£195,950 | 21 Feb 2024 |
£90,000 | 8 Jul 2008 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 February 2024 the House Price Index for GREATER MANCHESTER was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £195,950 results in an estimated price of approximately £200,503.
21 Feb 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £195,950 | £4,553 | £200,503 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | 58.974 % | £115,560 | £311,510 |
3 Month Average | 3.348 % | £6,561 | £202,511 |
6 Month Average | 6.122 % | £11,995 | £207,945 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2024 | £205,000 | £205,000 | 11 BENCHILL DRIVE |
20 Nov 2023 | £230,860 | £225,000 | 29 ROYALTHORN ROAD |
20 Nov 2023 | £220,600 | £215,000 | 31 ROYALTHORN ROAD |
9 Nov 2023 | £266,772 | £260,000 | 17 CROSSGATE AVENUE |
6 Oct 2023 | £225,113 | £220,000 | 12 BENCHILL AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 11 Feb 2020.
The average size of a house on SHAYFIELD DRIVE is 82 sq meters (888 sq feet).