£364,217
This estimated value is based upon the latest sale price for the house of £292,000 on 25 May 2018. 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 |
---|---|
£292,000 | 25 May 2018 |
£215,500 | 16 Nov 2012 |
£187,000 | 17 May 2006 |
£86,000 | 30 Mar 2001 |
Terraced |
Freehold |
Floor Area: 88 sq meters or 947 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 May 2018 the House Price Index for GREATER MANCHESTER was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £292,000 results in an estimated price of approximately £364,217.
25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £292,000 | £72,217 | £364,217 |
The Postcode Pricing Model uses changes in average sales price within the SK4 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 | -53.514 % | £-156,261 | £135,738 |
3 Month Average | 21.407 % | £62,508 | £354,508 |
6 Month Average | 21.120 % | £61,671 | £353,671 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £267,175 | £262,500 | 8 LYME STREET |
8 Dec 2023 | £343,510 | £337,500 | 22 NEW BEECH ROAD |
15 Sep 2023 | £455,828 | £450,000 | 7 GREENBANK AVENUE |
14 Aug 2023 | £282,471 | £280,000 | 33 LYME STREET |
9 Jun 2023 | £296,087 | £292,500 | 35 LYME STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 17 Jul 2012. Using an estimated price of £364,217 means this house is valued at £4,138 per sq meter (£384 per sq foot).
The average size of a house on GREENBANK AVENUE is 116 sq meters (1,248 sq feet).