£202,094
This estimated value is based upon the latest sale price for the house of £135,000 on 12 Jan 2015. 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 |
|---|---|
| £135,000 | 12 Jan 2015 |
| £79,800 | 19 Dec 2003 |
| £22,500 | 24 Jul 2001 |
| £26,500 | 16 Aug 1996 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 January 2015 the House Price Index for GREATER MANCHESTER was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £135,000 results in an estimated price of approximately £202,094.
| 12 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £135,000 | £67,094 | £202,094 |
The Postcode Pricing Model uses changes in average sales price within the M23 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 | 120.698 % | £162,941 | £297,941 |
| 3 Month Average | 82.044 % | £110,759 | £245,759 |
| 6 Month Average | 89.296 % | £120,549 | £255,549 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £198,988 | £195,000 | 15 ORTON ROAD |
| 2 Jun 2023 | £255,112 | £250,000 | 13 MAINWARING TERRACE |
| 18 Nov 2022 | £240,376 | £241,500 | 18 YARMOUTH DRIVE |
| 29 Sep 2022 | £184,876 | £185,000 | 12 ORTON AVENUE |
| 8 Jun 2022 | £242,177 | £237,000 | 6 ORTON AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 3 Oct 2014. Using an estimated price of £202,095 means this house is valued at £2,731 per sq meter (£253 per sq foot).
The average size of a house on NEWHALL DRIVE is 90 sq meters (977 sq feet).