£238,859
This estimated value is based upon the latest sale price for the house of £179,000 on 12 Oct 2016. 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 |
---|---|
£179,000 | 12 Oct 2016 |
£135,000 | 9 Sep 2011 |
£79,495 | 20 Jul 2001 |
£49,000 | 23 May 1996 |
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 October 2016 the House Price Index for GREATER MANCHESTER was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £179,000 results in an estimated price of approximately £238,859.
12 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £179,000 | £59,859 | £238,859 |
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 | 161.653 % | £289,358 | £468,358 |
3 Month Average | 90.801 % | £162,533 | £341,533 |
6 Month Average | 68.778 % | £123,113 | £302,113 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Oct 2023 | £258,880 | £253,000 | 483 ALTRINCHAM ROAD |
5 Oct 2023 | £347,902 | £340,000 | 10 SPINNEY ROAD |
16 Jun 2023 | £295,930 | £290,000 | 47 SANDACRE ROAD |
8 Nov 2022 | £273,720 | £275,000 | 18 SANDACRE ROAD |
3 Nov 2022 | £671,858 | £675,000 | 459 ALTRINCHAM ROAD |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 27 Sep 2019. Using an estimated price of £238,860 means this house is valued at £1,743 per sq meter (£161 per sq foot).
The average size of a house on REDBURN ROAD is 84 sq meters (914 sq feet).
This house is the largest in the street with a floor area of 137 sq meters (1,474 sq feet).