£310,048
This estimated value is based upon the latest sale price for the house of £297,000 on 30 Mar 2022. 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 |
|---|---|
| £297,000 | 30 Mar 2022 |
| £71,000 | 12 Feb 1998 |
| Detached |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 March 2022 the House Price Index for GREATER MANCHESTER was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £297,000 results in an estimated price of approximately £310,048.
| 30 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £297,000 | £13,048 | £310,048 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 14.758 % | £43,830 | £340,830 |
| 3 Month Average | 39.588 % | £117,575 | £414,575 |
| 6 Month Average | 24.812 % | £73,691 | £370,691 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Oct 2023 | £342,785 | £335,000 | 87 SCHUSTER ROAD |
| 12 Oct 2023 | £3,167 | £3,095 | 47 SCHUSTER ROAD |
| 6 Sep 2023 | £238,252 | £233,000 | 1 HALL AVENUE |
| 24 Aug 2023 | £356,429 | £350,000 | 1 SCHUSTER ROAD |
| 24 Aug 2023 | £356,429 | £350,000 | 5 SCHUSTER ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 15 Jul 2020. Using an estimated price of £310,048 means this house is valued at £3,370 per sq meter (£313 per sq foot).
The average size of a house on PARK RANGE is 151 sq meters (1,628 sq feet).