£179,002
This estimated value is based upon the latest sale price for the house of £105,000 on 7 Nov 2012. 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 |
|---|---|
| £105,000 | 7 Nov 2012 |
| Terraced |
| Leasehold |
| Floor Area: 66 sq meters or 716 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 November 2012 the House Price Index for GREATER MANCHESTER was 87.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.478%.Applying this 70.478% change to the original purchase price of £105,000 results in an estimated price of approximately £179,002.
| 7 Nov 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 149.7 | 70.478 % | £105,000 | £74,002 | £179,002 |
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 | 218.077 % | £228,980 | £333,980 |
| 3 Month Average | 170.574 % | £179,103 | £284,103 |
| 6 Month Average | 126.423 % | £132,743 | £237,743 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £112,530 | £110,500 | 8 HARLINGTON CLOSE |
| 27 Jul 2022 | £257,581 | £255,000 | 27 APPLEDORE DRIVE |
| 20 May 2022 | £71,872 | £70,000 | 35 PETERSFIELD DRIVE |
| 27 Apr 2022 | £430,530 | £415,000 | 7 PETERSFIELD DRIVE |
| 15 Mar 2022 | £234,885 | £225,000 | 18 APPLEDORE DRIVE |
This house has a floor area of 66 sq meters or 716 sq feet when measured on 28 Jun 2010. Using an estimated price of £179,002 means this house is valued at £2,687 per sq meter (£249 per sq foot).
The average size of a house on VIRGINIA CLOSE is 75 sq meters (813 sq feet).