£251,892
This estimated value is based upon the latest sale price for the house of £205,000 on 31 Jan 2020. 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 |
|---|---|
| £205,000 | 31 Jan 2020 |
| £140,000 | 13 Jul 2015 |
| £107,000 | 19 Dec 2003 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 January 2020 the House Price Index for GREATER MANCHESTER was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £205,000 results in an estimated price of approximately £251,892.
| 31 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £205,000 | £46,892 | £251,892 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 38.296 % | £78,506 | £283,506 |
| 3 Month Average | 52.417 % | £107,454 | £312,454 |
| 6 Month Average | 42.315 % | £86,745 | £291,745 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2023 | £83,677 | £82,000 | 1 MARSHBROOK DRIVE |
| 8 Jun 2023 | £102,045 | £100,000 | 10 THORNDALE COURT |
| 23 Mar 2023 | £218,702 | £215,050 | 11 ELMSTONE CLOSE |
| 10 Mar 2023 | £96,613 | £95,000 | 2 THORNDALE COURT |
| 27 Feb 2023 | £241,614 | £240,000 | 22 MARSHBROOK DRIVE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 27 Sep 2015. Using an estimated price of £251,892 means this house is valued at £2,623 per sq meter (£243 per sq foot).
The average size of a house on ELMSTONE CLOSE is 90 sq meters (976 sq feet).