£420,901
This estimated value is based upon the latest sale price for the house of £126,000 on 23 Aug 2001. 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 |
---|---|
£126,000 | 23 Aug 2001 |
Semi-Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 2001 the House Price Index for GREATER MANCHESTER was 44.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 234.049%.Applying this 234.049% change to the original purchase price of £126,000 results in an estimated price of approximately £420,901.
23 Aug 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
44.8 | 149.7 | 234.049 % | £126,000 | £294,901 | £420,901 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 294.963 % | £371,652 | £497,652 |
3 Month Average | 236.082 % | £297,463 | £423,463 |
6 Month Average | 185.576 % | £233,825 | £359,825 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Mar 2023 | £172,887 | £170,000 | FLAT 7 AUSTIN COURT, 4 - 6 MILDEN CLOSE |
30 Sep 2022 | £119,920 | £120,000 | FLAT 17 AUSTIN COURT, 4 - 6 MILDEN CLOSE |
8 Aug 2022 | £150,705 | £150,000 | FLAT 1 AUSTIN COURT, 2 MILDEN CLOSE |
19 Apr 2022 | £145,239 | £140,000 | FLAT 24 AUSTIN COURT, 8 MILDEN CLOSE |
7 Feb 2022 | £153,186 | £145,000 | FLAT 6 AUSTIN COURT, 2 MILDEN CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 22 Apr 2015. Using an estimated price of £420,901 means this house is valued at £4,729 per sq meter (£439 per sq foot).
The average size of a house on AUSTIN DRIVE is 99 sq meters (1,076 sq feet).