£347,844
This estimated value is based upon the latest sale price for the house of £283,500 on 9 Sep 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 |
|---|---|
| £283,500 | 9 Sep 2019 |
| Terraced |
| Freehold |
| Floor Area: 168 sq meters or 1,808 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 September 2019 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £283,500 results in an estimated price of approximately £347,844.
| 9 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £283,500 | £64,344 | £347,844 |
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 | -77.588 % | £-219,961 | £63,538 |
| 3 Month Average | 16.854 % | £47,780 | £331,280 |
| 6 Month Average | 32.077 % | £90,938 | £374,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Aug 2023 | £264,312 | £262,000 | 23 PRIORY AVENUE |
| 3 Aug 2023 | £322,824 | £320,000 | 16 PRIORY AVENUE |
| 5 May 2022 | £173,265 | £170,000 | 403 LOWER BROUGHTON ROAD |
| 14 Mar 2022 | £398,961 | £385,000 | 399 LOWER BROUGHTON ROAD |
| 18 Jan 2022 | £278,888 | £265,000 | 9 PRIORY AVENUE |
This house has a floor area of 168 sq meters or 1,808 sq feet when measured on 30 Mar 2015. Using an estimated price of £347,844 means this house is valued at £2,070 per sq meter (£192 per sq foot).
The average size of a house on LOWER BROUGHTON ROAD is 122 sq meters (1,320 sq feet).