£70,906
This estimated value is based upon the latest sale price for the house of £60,000 on 23 Oct 2020. 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 |
|---|---|
| £60,000 | 23 Oct 2020 |
| Terraced |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £60,000 results in an estimated price of approximately £70,906.
| 23 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £60,000 | £10,906 | £70,906 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 31.073 % | £18,643 | £78,643 |
| 3 Month Average | 42.462 % | £25,477 | £85,477 |
| 6 Month Average | 30.934 % | £18,560 | £78,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £150,000 | £150,000 | 1 ONGAR WALK |
| 29 Nov 2023 | £143,646 | £140,000 | 120 BLACKLEY NEW ROAD |
| 11 Sep 2023 | £171,787 | £168,000 | 19 SHERWELL ROAD |
| 27 Jan 2023 | £216,579 | £216,000 | 2 BODNEY WALK |
| 16 Sep 2022 | £164,890 | £165,000 | 33 SHERWELL ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 3 Dec 2018. Using an estimated price of £70,906 means this house is valued at £1,447 per sq meter (£134 per sq foot).
The average size of a house on CHAPELHILL DRIVE is 73 sq meters (789 sq feet).