£497,764
This estimated value is based upon the latest sale price for the house of £400,000 on 13 Feb 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 |
|---|---|
| £400,000 | 13 Feb 2019 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 February 2019 the House Price Index for GREATER MANCHESTER was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £400,000 results in an estimated price of approximately £497,764.
| 13 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £400,000 | £97,764 | £497,764 |
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 | 75.100 % | £300,400 | £700,400 |
| 3 Month Average | 38.806 % | £155,222 | £555,222 |
| 6 Month Average | 40.843 % | £163,373 | £563,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £403,904 | £395,000 | 43 WOODHOUSE LANE |
| 3 Aug 2023 | £412,439 | £405,000 | 68 ALMA ROAD |
| 22 Jun 2023 | £58,166 | £57,000 | FLAT 1 WOODHEY COURT ALMA ROAD |
| 12 Apr 2023 | £208,907 | £205,000 | 7 ALMA ROAD |
| 23 Feb 2023 | £614,102 | £610,000 | 23 ASHLEY DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 20 Aug 2018. Using an estimated price of £497,765 means this house is valued at £5,352 per sq meter (£497 per sq foot).
The average size of a house on WOODHOUSE LANE is 124 sq meters (1,345 sq feet).