£537,399
This estimated value is based upon the latest sale price for the house of £435,000 on 25 Oct 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 |
---|---|
£435,000 | 25 Oct 2019 |
£115,000 | 6 Apr 2018 |
£190,000 | 6 Apr 2018 |
Terraced |
Freehold |
Floor Area: 148 sq meters or 1,594 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 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £435,000 results in an estimated price of approximately £537,399.
25 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.540 % | £435,000 | £102,399 | £537,399 |
The Postcode Pricing Model uses changes in average sales price within the M21 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 | 64.298 % | £279,695 | £714,695 |
3 Month Average | 9.936 % | £43,222 | £478,222 |
6 Month Average | 27.272 % | £118,634 | £553,634 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £576,722 | £559,000 | 5 KEPPEL ROAD |
6 Oct 2023 | £327,437 | £320,000 | 25 NEEDHAM AVENUE |
20 Apr 2023 | £300,623 | £295,000 | 29 NEEDHAM AVENUE |
21 Mar 2022 | £375,816 | £360,000 | 16 WARWICK ROAD |
21 Jan 2022 | £233,243 | £219,999 | 426B WILBRAHAM ROAD |
This house has a floor area of 148 sq meters or 1,594 sq feet when measured on 20 Dec 2011. Using an estimated price of £537,399 means this house is valued at £3,628 per sq meter (£337 per sq foot).
The average size of a house on WILBRAHAM ROAD is 102 sq meters (1,099 sq feet).