£655,425
This estimated value is based upon the latest sale price for the house of £525,000 on 5 Jul 2018. 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 |
---|---|
£525,000 | 5 Jul 2018 |
£145,950 | 14 Sep 1998 |
Detached |
Freehold |
Floor Area: 148 sq meters or 1,593 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 July 2018 the House Price Index for GREATER MANCHESTER was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £525,000 results in an estimated price of approximately £655,425.
5 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £525,000 | £130,425 | £655,425 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 7.539 % | £39,577 | £564,577 |
3 Month Average | 37.321 % | £195,934 | £720,934 |
6 Month Average | 39.722 % | £208,540 | £733,540 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Mar 2024 | £518,974 | £511,000 | 70 WYTHENSHAWE ROAD |
15 Mar 2024 | £736,313 | £725,000 | 48 WYTHENSHAWE ROAD |
8 Mar 2024 | £205,152 | £202,000 | 7 ROSEWOOD GARDENS |
14 Dec 2023 | £197,055 | £191,000 | 9 ST ANNS STREET |
16 Nov 2023 | £589,976 | £575,000 | 6 MAIZEFIELD CLOSE |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 4 Nov 2013. Using an estimated price of £655,425 means this house is valued at £4,428 per sq meter (£411 per sq foot).
The average size of a house on MAIZEFIELD CLOSE is 130 sq meters (1,401 sq feet).
This house is the largest in the street with a floor area of 148 sq meters (1,593 sq feet).