£252,192
This estimated value is based upon the latest sale price for the house of £153,000 on 21 Oct 2013. 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 |
---|---|
£153,000 | 21 Oct 2013 |
£152,500 | 14 Jun 2006 |
£125,000 | 12 Dec 2003 |
£78,000 | 28 Sep 2001 |
£55,200 | 7 Aug 1997 |
Semi-Detached |
Leasehold |
Floor Area: 57 sq meters or 613 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 2013 the House Price Index for GREATER MANCHESTER was 90.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 64.832%.Applying this 64.832% change to the original purchase price of £153,000 results in an estimated price of approximately £252,192.
21 Oct 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 149.7 | 64.832 % | £153,000 | £99,192 | £252,192 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 150.003 % | £229,504 | £382,504 |
3 Month Average | 131.779 % | £201,622 | £354,622 |
6 Month Average | 115.110 % | £176,117 | £329,117 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £338,943 | £336,000 | 882 BURNAGE LANE |
12 Sep 2023 | £173,832 | £170,000 | 838 BURNAGE LANE |
18 Aug 2023 | £290,235 | £285,000 | 4 BEAL CLOSE |
14 Oct 2022 | £318,935 | £320,000 | 585 KINGSWAY |
29 Jun 2022 | £332,099 | £325,000 | 567 KINGSWAY |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 3 Jul 2013. Using an estimated price of £252,193 means this house is valued at £4,424 per sq meter (£411 per sq foot).
The average size of a house on BURNAGE LANE is 97 sq meters (1,050 sq feet).