£943,342
This estimated value is based upon the latest sale price for the house of £900,000 on 26 Jan 2022. 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 |
|---|---|
| £900,000 | 26 Jan 2022 |
| £720,000 | 16 Feb 2018 |
| £435,000 | 16 Apr 2014 |
| Detached |
| Freehold |
| Floor Area: 254 sq meters or 2,734 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 2022 the House Price Index for GREATER MANCHESTER was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £900,000 results in an estimated price of approximately £943,342.
| 26 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £900,000 | £43,342 | £943,342 |
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 | -37.084 % | £-333,758 | £566,241 |
| 3 Month Average | -0.425 % | £-3,827 | £896,172 |
| 6 Month Average | 9.018 % | £81,166 | £981,166 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £457,944 | £449,280 | 41 NORLEY DRIVE |
| 7 Aug 2023 | £337,050 | £335,000 | 53 NORLEY DRIVE |
| 11 Jul 2023 | £504,775 | £500,000 | 33 NORLEY DRIVE |
| 3 Mar 2023 | £437,364 | £435,000 | 166 BROAD ROAD |
| 3 Nov 2022 | £479,721 | £487,500 | 4 WYTHENSHAWE ROAD |
This house has a floor area of 254 sq meters or 2,734 sq feet when measured on 1 Aug 2017. Using an estimated price of £943,343 means this house is valued at £3,713 per sq meter (£345 per sq foot).
The average size of a house on OLD HALL ROAD is 97 sq meters (1,047 sq feet).
This house is the largest in the street with a floor area of 254 sq meters (2,734 sq feet).