£747,462
This estimated value is based upon the latest sale price for the house of £670,000 on 26 Aug 2021. 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 |
|---|---|
| £670,000 | 26 Aug 2021 |
| £550,000 | 24 Nov 2016 |
| £380,000 | 20 Jan 2012 |
| £315,000 | 11 Jun 2002 |
| Detached |
| Freehold |
| Floor Area: 267 sq meters or 2,873 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 August 2021 the House Price Index for GREATER MANCHESTER was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £670,000 results in an estimated price of approximately £747,462.
| 26 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £670,000 | £77,462 | £747,462 |
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 | -74.394 % | £-498,437 | £171,562 |
| 3 Month Average | -22.438 % | £-150,335 | £519,664 |
| 6 Month Average | -5.482 % | £-36,727 | £633,272 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £151,239 | £149,000 | FLAT 16 TOWER GRANGE NEW HALL ROAD |
| 12 Sep 2023 | £193,474 | £191,000 | FLAT 53 DEVONSHIRE COURT NEW HALL ROAD |
| 25 Nov 2022 | £197,606 | £200,000 | FLAT 12A DEVONSHIRE COURT NEW HALL ROAD |
| 26 Feb 2022 | £1,305,625 | £1,245,000 | 458 BURY NEW ROAD |
| 18 Nov 2021 | £200,080 | £185,000 | 25A NEW HALL ROAD |
This house has a floor area of 267 sq meters or 2,873 sq feet when measured on 12 Mar 2020. Using an estimated price of £747,463 means this house is valued at £2,799 per sq meter (£260 per sq foot).
The average size of a house on BURY NEW ROAD is 76 sq meters (823 sq feet).