£327,664
This estimated value is based upon the latest sale price for the house of £245,550 on 24 Oct 2016. 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 |
---|---|
£245,550 | 24 Oct 2016 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 918 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 2016 the House Price Index for GREATER MANCHESTER was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £245,550 results in an estimated price of approximately £327,664.
24 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.2 | 149.7 | 33.441 % | £245,550 | £82,114 | £327,664 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 56.151 % | £137,879 | £383,429 |
3 Month Average | 41.036 % | £100,764 | £346,314 |
6 Month Average | 47.944 % | £117,725 | £363,275 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2023 | £465,574 | £455,000 | 37 RAVENSTONE DRIVE |
20 Mar 2023 | £432,218 | £425,000 | 26 RAVENSTONE DRIVE |
25 Nov 2022 | £393,162 | £395,000 | 111 ARNESBY AVENUE |
25 Aug 2022 | £612,866 | £610,000 | 30 ARNESBY AVENUE |
10 May 2022 | £354,228 | £345,000 | 44 RAVENSTONE DRIVE |
This house has a floor area of 85 sq meters or 918 sq feet when measured on 7 Jan 2011. Using an estimated price of £327,665 means this house is valued at £3,840 per sq meter (£356 per sq foot).
The average size of a house on ARNESBY AVENUE is 101 sq meters (1,088 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Violence and sexual offences | Under investigation | On or near Thorold Grove |