£253,240
This estimated value is based upon the latest sale price for the house of £78,500 on 27 Nov 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 |
|---|---|
| £78,500 | 27 Nov 2001 |
| £50,450 | 4 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 637 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 2001 the House Price Index for GREATER MANCHESTER was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £78,500 results in an estimated price of approximately £253,240.
| 27 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £78,500 | £174,740 | £253,240 |
The Postcode Pricing Model uses changes in average sales price within the M23 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 | 323.198 % | £253,710 | £332,210 |
| 3 Month Average | 272.468 % | £213,887 | £292,387 |
| 6 Month Average | 277.400 % | £217,758 | £296,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £271,325 | £266,250 | 123 HOYLAKE ROAD |
| 15 Nov 2022 | £251,822 | £253,000 | 64 HOYLAKE ROAD |
| 27 Jul 2022 | £371,725 | £368,000 | 36 KERSCOTT ROAD |
| 15 Jun 2022 | £131,818 | £129,000 | 108 HOYLAKE ROAD |
| 9 May 2022 | £237,692 | £231,500 | 94 HOYLAKE ROAD |
This house has a floor area of 59 sq meters or 637 sq feet when measured on 11 Nov 2011. Using an estimated price of £253,240 means this house is valued at £4,277 per sq meter (£397 per sq foot).
The average size of a house on DRAYFORD CLOSE is 63 sq meters (686 sq feet).