£470,278
This estimated value is based upon the latest sale price for the house of £381,550 on 6 Feb 2020. 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 |
---|---|
£381,550 | 6 Feb 2020 |
£245,000 | 25 Aug 2005 |
Semi-Detached |
Leasehold |
Floor Area: 128 sq meters or 1,377 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 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.255%.Applying this 23.255% change to the original purchase price of £381,550 results in an estimated price of approximately £470,278.
6 Feb 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 149.7 | 23.255 % | £381,550 | £88,728 | £470,278 |
The Postcode Pricing Model uses changes in average sales price within the M16 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 | 264.142 % | £1,007,834 | £1,389,384 |
3 Month Average | 105.627 % | £403,021 | £784,571 |
6 Month Average | 70.556 % | £269,207 | £650,757 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £567,436 | £550,000 | 23A CRIMSWORTH AVENUE |
14 Dec 2023 | £196,023 | £190,000 | FLAT 19 OLLERTON COURT, 175 MANCHESTER ROAD |
14 Aug 2023 | £417,531 | £410,000 | 7 FIRS AVENUE |
23 Jun 2023 | £306,135 | £300,000 | 2 ERLINGTON AVENUE |
27 Jan 2023 | £378,010 | £377,000 | 9 CRIMSWORTH AVENUE |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 19 Jul 2019. Using an estimated price of £470,278 means this house is valued at £3,674 per sq meter (£341 per sq foot).
The average size of a house on ERLINGTON AVENUE is 139 sq meters (1,504 sq feet).