£976,863
This estimated value is based upon the latest sale price for the house of £785,000 on 14 Feb 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 |
|---|---|
| £785,000 | 14 Feb 2019 |
| Detached |
| Freehold |
| Floor Area: 410 sq meters or 4,413 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 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £785,000 results in an estimated price of approximately £976,863.
| 14 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £785,000 | £191,863 | £976,863 |
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 | 87.534 % | £687,140 | £1,472,140 |
| 3 Month Average | 32.854 % | £257,902 | £1,042,902 |
| 6 Month Average | 26.888 % | £211,069 | £996,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2024 | £540,000 | £540,000 | 41 STANLEY ROAD |
| 17 Apr 2024 | £605,256 | £600,000 | 8 STANLEY ROAD |
| 28 Sep 2023 | £613,525 | £600,000 | 59 STANLEY ROAD |
| 24 Jun 2022 | £204,369 | £200,000 | FLAT 14 ALLANADALE COURT WATERPARK ROAD |
| 29 Jul 2021 | £416,798 | £360,000 | 25 ROSTON ROAD |
This house has a floor area of 410 sq meters or 4,413 sq feet when measured on 24 Feb 2015. Using an estimated price of £976,863 means this house is valued at £2,382 per sq meter (£221 per sq foot).
The average size of a house on WATERPARK ROAD is 156 sq meters (1,684 sq feet).