£574,726
This estimated value is based upon the latest sale price for the house of £382,500 on 12 Dec 2014. 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 |
|---|---|
| £382,500 | 12 Dec 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 December 2014 the House Price Index for GREATER MANCHESTER was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £382,500 results in an estimated price of approximately £574,726.
| 12 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £382,500 | £192,226 | £574,726 |
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 | 58.958 % | £225,513 | £608,013 |
| 3 Month Average | 66.742 % | £255,288 | £637,788 |
| 6 Month Average | 70.978 % | £271,490 | £653,990 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £83,110 | £81,000 | 23 GUARDIAN COURT |
| 15 Nov 2023 | £964,482 | £940,000 | 16 BROADWAY |
| 27 Oct 2023 | £82,371 | £80,500 | 10 GUARDIAN COURT |
| 9 Oct 2023 | £245,578 | £240,000 | APARTMENT 11 43 OAKFIELD |
| 17 Mar 2023 | £902,573 | £887,500 | 22 ASHLANDS |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 13 Jun 2013. Using an estimated price of £574,726 means this house is valued at £4,561 per sq meter (£423 per sq foot).
The average size of a house on OAKFIELD is 81 sq meters (878 sq feet).