£346,007
This estimated value is based upon the latest sale price for the house of £278,000 on 14 Jun 2019. 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 |
---|---|
£278,000 | 14 Jun 2019 |
£60,000 | 1 Oct 2001 |
£47,000 | 23 Dec 1996 |
Semi-Detached |
Freehold |
Floor Area: 97 sq meters or 1,044 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 June 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £278,000 results in an estimated price of approximately £346,007.
14 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.463 % | £278,000 | £68,007 | £346,007 |
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 | 92.405 % | £256,886 | £534,886 |
3 Month Average | 49.917 % | £138,770 | £416,770 |
6 Month Average | 38.691 % | £107,561 | £385,561 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £419,387 | £406,500 | 31 VICTORIA AVENUE |
16 Nov 2023 | £304,735 | £297,000 | 34 MILWAIN ROAD |
27 Sep 2023 | £894,723 | £875,000 | 77A GRANGE AVENUE |
21 Sep 2023 | £416,174 | £407,000 | 37 LINDEN PARK |
31 Mar 2023 | £481,033 | £473,000 | 21 MILWAIN ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 5 Mar 2019. Using an estimated price of £346,008 means this house is valued at £3,567 per sq meter (£331 per sq foot).
The average size of a house on LINDEN PARK is 110 sq meters (1,189 sq feet).