£487,489
This estimated value is based upon the latest sale price for the house of £480,000 on 12 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 |
|---|---|
| £480,000 | 12 Mar 2024 |
| £76,500 | 5 Dec 1997 |
| £70,000 | 22 Jan 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 133 sq meters or 1,434 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 £480,000 results in an estimated price of approximately £487,489.
| 12 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £480,000 | £7,489 | £487,489 |
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 % | £63,102 | £543,102 |
| 3 Month Average | 9.451 % | £45,366 | £525,366 |
| 6 Month Average | 7.668 % | £36,804 | £516,804 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £595,000 | £595,000 | 26 BARKERS LANE |
| 12 Mar 2024 | £487,490 | £480,000 | 6 GROSVENOR SQUARE |
| 20 Oct 2023 | £176,509 | £172,500 | FLAT 28 GROSVENOR HOUSE GROSVENOR SQUARE |
| 19 Oct 2023 | £752,081 | £735,000 | 32 BARKERS LANE |
| 18 Oct 2023 | £281,391 | £275,000 | 9 BARWICK PLACE |
This house has a floor area of 133 sq meters or 1,434 sq feet when measured on 27 Nov 2008. Using an estimated price of £487,490 means this house is valued at £3,657 per sq meter (£339 per sq foot).
The average size of a house on GROSVENOR SQUARE is 123 sq meters (1,330 sq feet).