£494,160
This estimated value is based upon the latest sale price for the house of £400,000 on 24 Oct 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 | 24 Oct 2019 |
| £51,950 | 29 Mar 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 October 2019 the House Price Index for GREATER MANCHESTER was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £400,000 results in an estimated price of approximately £494,160.
| 24 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £400,000 | £94,160 | £494,160 |
The Postcode Pricing Model uses changes in average sales price within the M21 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 | 64.298 % | £257,190 | £657,190 |
| 3 Month Average | 9.936 % | £39,745 | £439,745 |
| 6 Month Average | 27.272 % | £109,089 | £509,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £554,818 | £550,000 | 22 GRANGE ROAD |
| 22 Mar 2024 | £599,206 | £590,000 | 155 OSWALD ROAD |
| 17 Nov 2023 | £447,869 | £436,500 | 10 GRANGE ROAD |
| 13 Jun 2023 | £392,873 | £385,000 | 8 POLRUAN ROAD |
| 10 Feb 2023 | £481,718 | £478,500 | 30 GRANGE ROAD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 30 Jul 2019. Using an estimated price of £494,160 means this house is valued at £3,953 per sq meter (£367 per sq foot).
The average size of a house on GRANGE ROAD is 111 sq meters (1,197 sq feet).