£228,571
This estimated value is based upon the latest sale price for the house of £185,000 on 29 Nov 2019. 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 |
|---|---|
| £185,000 | 29 Nov 2019 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 November 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £185,000 results in an estimated price of approximately £228,571.
| 29 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £185,000 | £43,571 | £228,571 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | 14.508 % | £26,840 | £211,840 |
| 3 Month Average | 33.110 % | £61,253 | £246,253 |
| 6 Month Average | 34.172 % | £63,217 | £248,217 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2023 | £209,253 | £204,500 | 62 ROBINSWOOD ROAD |
| 31 Mar 2023 | £206,448 | £203,000 | 29 SUMMERFIELD ROAD |
| 12 Jan 2023 | £215,576 | £215,000 | 45 ROBINSWOOD ROAD |
| 6 Jan 2023 | £233,624 | £233,000 | 38 SUMMERFIELD ROAD |
| 7 Jun 2022 | £219,696 | £215,000 | 5 GIBBON AVENUE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 29 Oct 2019. Using an estimated price of £228,572 means this house is valued at £2,219 per sq meter (£206 per sq foot).
The average size of a house on ROBINSWOOD ROAD is 93 sq meters (1,003 sq feet).