£397,096
This estimated value is based upon the latest sale price for the house of £301,000 on 7 Oct 2016. 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 |
|---|---|
| £301,000 | 7 Oct 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 2016 the House Price Index for GREATER MANCHESTER was 112.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 31.926%.Applying this 31.926% change to the original purchase price of £301,000 results in an estimated price of approximately £397,096.
| 7 Oct 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.0 | 31.926 % | £301,000 | £96,096 | £397,096 |
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 | 42.918 % | £129,182 | £430,182 |
| 3 Month Average | 27.547 % | £82,916 | £383,916 |
| 6 Month Average | 35.843 % | £107,886 | £408,886 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £435,592 | £430,000 | 79 WINSTANLEY ROAD |
| 23 Jun 2023 | £378,065 | £375,000 | 8 CRANFORD AVENUE |
| 27 Jan 2023 | £436,169 | £440,000 | 8 MERLYN AVENUE |
| 24 Jan 2023 | £409,404 | £413,000 | 13 CRANFORD AVENUE |
| 1 Apr 2022 | £275,385 | £268,500 | 31 CRANFORD AVENUE |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 26 Jul 2016. Using an estimated price of £397,096 means this house is valued at £3,893 per sq meter (£361 per sq foot).
The average size of a house on WINSTANLEY ROAD is 126 sq meters (1,356 sq feet).