£417,790
This estimated value is based upon the latest sale price for the house of £240,000 on 22 Jul 2011. 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 |
|---|---|
| £240,000 | 22 Jul 2011 |
| £110,000 | 13 Oct 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,358 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 July 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £240,000 results in an estimated price of approximately £417,790.
| 22 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.080 % | £240,000 | £177,790 | £417,790 |
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 | 189.095 % | £453,827 | £693,827 |
| 3 Month Average | 160.270 % | £384,648 | £624,648 |
| 6 Month Average | 132.456 % | £317,894 | £557,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £159,888 | £158,500 | FLAT 4 WINTERLEY COURT, 19 - 21 ERRWOOD ROAD |
| 16 Nov 2023 | £304,735 | £297,000 | 34 MILWAIN ROAD |
| 21 Sep 2023 | £416,174 | £407,000 | 37 LINDEN PARK |
| 31 Mar 2023 | £481,033 | £473,000 | 21 MILWAIN ROAD |
| 7 Jun 2022 | £572,232 | £560,000 | 3 ERRWOOD CRESCENT |
This house has a floor area of 126 sq meters or 1,358 sq feet when measured on 19 Jan 2011. Using an estimated price of £417,791 means this house is valued at £3,311 per sq meter (£307 per sq foot).
The average size of a house on ERRWOOD ROAD is 112 sq meters (1,210 sq feet).