£485,808
This estimated value is based upon the latest sale price for the house of £425,000 on 3 Dec 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 |
|---|---|
| £425,000 | 3 Dec 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 December 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £425,000 results in an estimated price of approximately £485,808.
| 3 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.0 | 14.308 % | £425,000 | £60,808 | £485,808 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | -1.179 % | £-5,008 | £419,991 |
| 3 Month Average | -0.449 % | £-1,909 | £423,090 |
| 6 Month Average | 6.825 % | £29,007 | £454,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £180,610 | £180,000 | FLAT 5 CENTRAL 5 WHARF ROAD |
| 8 Nov 2023 | £225,394 | £222,500 | FLAT 15 CENTRAL 3 WHARF ROAD |
| 1 Nov 2023 | £390,007 | £385,000 | 76 OLDFIELD ROAD |
| 31 Mar 2023 | £175,951 | £175,000 | FLAT 12 CENTRAL 3 WHARF ROAD |
| 17 Feb 2023 | £418,023 | £420,000 | 53 OLDFIELD ROAD |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 14 Feb 2020. Using an estimated price of £485,809 means this house is valued at £3,546 per sq meter (£329 per sq foot).
The average size of a house on OLDFIELD ROAD is 119 sq meters (1,288 sq feet).