£338,701
This estimated value is based upon the latest sale price for the house of £290,000 on 20 Nov 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 |
|---|---|
| £290,000 | 20 Nov 2020 |
| £175,000 | 30 May 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2020 the House Price Index for GREATER MANCHESTER was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £290,000 results in an estimated price of approximately £338,701.
| 20 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £290,000 | £48,701 | £338,701 |
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 | 2.091 % | £6,062 | £296,062 |
| 3 Month Average | 0.849 % | £2,463 | £292,463 |
| 6 Month Average | 8.707 % | £25,251 | £315,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £335,413 | £332,500 | 4 COTTON LANE |
| 27 Oct 2023 | £291,623 | £285,000 | 29 HEATHSIDE ROAD |
| 6 Oct 2023 | £327,437 | £320,000 | 13 HEATHSIDE ROAD |
| 26 Apr 2023 | £356,671 | £350,000 | 31 HEATHSIDE ROAD |
| 22 Jul 2022 | £303,036 | £300,000 | 69 HENWOOD ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 4 Nov 2013. Using an estimated price of £338,701 means this house is valued at £3,456 per sq meter (£321 per sq foot).
The average size of a house on GAINSBOROUGH AVENUE is 143 sq meters (1,546 sq feet).