£281,236
This estimated value is based upon the latest sale price for the house of £150,000 on 2 Apr 2009. 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 |
|---|---|
| £150,000 | 2 Apr 2009 |
| Semi-Detached |
| Leasehold |
| Floor Area: 85 sq meters or 914 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 April 2009 the House Price Index for GREATER MANCHESTER was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.491%.Applying this 87.491% change to the original purchase price of £150,000 results in an estimated price of approximately £281,236.
| 2 Apr 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.491 % | £150,000 | £131,236 | £281,236 |
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 | 114.040 % | £171,059 | £321,059 |
| 3 Month Average | 107.654 % | £161,480 | £311,480 |
| 6 Month Average | 111.818 % | £167,727 | £317,727 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2023 | £471,958 | £462,500 | 79 NEWLYN DRIVE |
| 28 Jun 2023 | £423,487 | £415,000 | 6 FARLEY ROAD |
| 9 Jun 2023 | £348,994 | £342,000 | 36 ASHSTEAD ROAD |
| 31 Mar 2023 | £386,454 | £380,000 | 21 NEWLYN DRIVE |
| 31 Jan 2023 | £481,286 | £480,000 | 51 DALEBROOK ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 5 Feb 2011. Using an estimated price of £281,237 means this house is valued at £3,308 per sq meter (£307 per sq foot).
The average size of a house on NEWLYN DRIVE is 91 sq meters (986 sq feet).