£224,754
This estimated value is based upon the latest sale price for the house of £219,800 on 29 Sep 2023. 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 |
---|---|
£219,800 | 29 Sep 2023 |
£160,000 | 13 Jul 2018 |
£120,000 | 30 Nov 2009 |
£87,950 | 21 Jun 2002 |
Detached |
Leasehold |
Floor Area: 52 sq meters or 561 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 September 2023 the House Price Index for GREATER MANCHESTER was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £219,800 results in an estimated price of approximately £224,754.
29 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £219,800 | £4,954 | £224,754 |
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 | 28.909 % | £63,542 | £283,342 |
3 Month Average | -1.197 % | £-2,631 | £217,168 |
6 Month Average | 0.989 % | £2,174 | £221,974 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £221,816 | £215,000 | 65 CHELSFIELD GROVE |
27 Oct 2023 | £235,345 | £230,000 | 8 ABBEYSTEAD AVENUE |
29 Sep 2023 | £224,755 | £219,800 | 45 CHELSFIELD GROVE |
23 Aug 2023 | £366,612 | £360,000 | 12 EGERTON ROAD SOUTH |
10 Feb 2023 | £216,446 | £215,000 | 57 CHELSFIELD GROVE |
This house has a floor area of 52 sq meters or 561 sq feet when measured on 8 Jun 2009. Using an estimated price of £224,755 means this house is valued at £4,305 per sq meter (£400 per sq foot).
The average size of a house on CHELSFIELD GROVE is 86 sq meters (926 sq feet).