£338,831
This estimated value is based upon the latest sale price for the house of £337,000 on 17 Mar 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 |
|---|---|
| £337,000 | 17 Mar 2023 |
| £163,000 | 31 Aug 2016 |
| Terraced |
| 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 March 2023 the House Price Index for GREATER MANCHESTER was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £337,000 results in an estimated price of approximately £338,831.
| 17 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.0 | 0.543 % | £337,000 | £1,831 | £338,831 |
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 | 16.406 % | £55,287 | £392,287 |
| 3 Month Average | 2.279 % | £7,680 | £344,680 |
| 6 Month Average | -0.267 % | £-901 | £336,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £227,926 | £225,000 | 40 HELSBY ROAD |
| 20 Nov 2023 | £305,421 | £301,500 | 58 ALDERLEY ROAD |
| 17 Nov 2023 | £172,211 | £170,000 | 4 ALDERLEY ROAD |
| 2 Jun 2023 | £238,937 | £237,000 | 9 SEALAND CLOSE |
| 24 Mar 2023 | £366,984 | £365,000 | 5 NESTON AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 4 Jul 2016. Using an estimated price of £340,205 means this house is valued at £3,658 per sq meter (£339 per sq foot).
The average size of a house on CHELFORD ROAD is 100 sq meters (1,078 sq feet).