£302,017
This estimated value is based upon the latest sale price for the house of £300,000 on 22 Feb 2023. 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 |
|---|---|
| £300,000 | 22 Feb 2023 |
| £300,000 | 28 Sep 2011 |
| Terraced |
| Leasehold |
| Floor Area: 121 sq meters or 1,310 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 2023 the House Price Index for GREATER MANCHESTER was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £300,000 results in an estimated price of approximately £302,017.
| 22 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £300,000 | £2,017 | £302,017 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | -6.888 % | £-20,664 | £279,335 |
| 3 Month Average | -10.659 % | £-31,975 | £268,024 |
| 6 Month Average | -7.422 % | £-22,266 | £277,733 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £429,761 | £420,000 | 2 PARKSIDE AVENUE |
| 22 Feb 2023 | £302,017 | £300,000 | 4 IVY GARDENS |
| 6 Jan 2023 | £391,045 | £390,000 | 4 MANDLEY PARK AVENUE |
| 7 Mar 2022 | £704,655 | £675,000 | 1 SALTIRE GARDENS |
| 23 Dec 2021 | £404,740 | £375,000 | 24 TETLOW LANE |
This house has a floor area of 121 sq meters or 1,310 sq feet when measured on 1 Jul 2011. Using an estimated price of £302,017 means this house is valued at £2,480 per sq meter (£230 per sq foot).
The average size of a house on IVY GARDENS is 205 sq meters (2,214 sq feet).
This house is the smallest in the street with a floor area of 121 sq meters (1,310 sq feet).