£227,347
This estimated value is based upon the latest sale price for the house of £227,500 on 24 Feb 2023. 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 |
---|---|
£227,500 | 24 Feb 2023 |
£119,995 | 28 Aug 2015 |
Semi-Detached |
Leasehold |
Floor Area: 67 sq meters or 721 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 2023 the House Price Index for GREATER MANCHESTER was 148.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £227,500 results in an estimated price of approximately £227,347.
24 Feb 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
148.7 | 148.6 | -0.067 % | £227,500 | £-152 | £227,347 |
The Postcode Pricing Model uses changes in average sales price within the M12 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 | -35.344 % | £-80,408 | £147,091 |
3 Month Average | -28.894 % | £-65,734 | £161,765 |
6 Month Average | -21.099 % | £-47,999 | £179,500 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £212,286 | £210,000 | 55 LAWNSWOOD ROAD |
24 Feb 2023 | £227,347 | £227,500 | 54 LAWNSWOOD ROAD |
24 Sep 2021 | £193,967 | £180,000 | 38 ABBOTSBURY CLOSE |
17 Sep 2021 | £193,967 | £180,000 | 10 RADBOURNE CLOSE |
30 Jul 2021 | £212,614 | £185,000 | 19 ABBOTSBURY CLOSE |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 30 Jul 2015. Using an estimated price of £227,347 means this house is valued at £3,393 per sq meter (£315 per sq foot).
The average size of a house on LAWNSWOOD ROAD is 91 sq meters (980 sq feet).