£507,801
This estimated value is based upon the latest sale price for the house of £500,000 on 15 Mar 2024. 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 |
|---|---|
| £500,000 | 15 Mar 2024 |
| £175,000 | 7 Nov 2008 |
| £190,000 | 24 Mar 2005 |
| £190,000 | 24 Mar 2005 |
| £205,000 | 12 Nov 2004 |
| £205,000 | 12 Nov 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 923 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 March 2024 the House Price Index for GREATER MANCHESTER was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £500,000 results in an estimated price of approximately £507,801.
| 15 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £500,000 | £7,801 | £507,801 |
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 | 13.146 % | £65,731 | £565,731 |
| 3 Month Average | 9.451 % | £47,256 | £547,256 |
| 6 Month Average | 7.668 % | £38,337 | £538,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £507,802 | £500,000 | 57 MARFORD CRESCENT |
| 5 Dec 2023 | £443,632 | £430,000 | 101 MARFORD CRESCENT |
| 20 Oct 2023 | £442,551 | £432,500 | 71 MARFORD CRESCENT |
| 10 Mar 2023 | £254,246 | £250,000 | 66 MARFORD CRESCENT |
| 30 Jan 2023 | £386,031 | £385,000 | 60 MARFORD CRESCENT |
This house has a floor area of 85 sq meters or 923 sq feet when measured on 12 Nov 2008. Using an estimated price of £507,802 means this house is valued at £5,918 per sq meter (£549 per sq foot).
The average size of a house on MARFORD CRESCENT is 108 sq meters (1,164 sq feet).