£405,033
This estimated value is based upon the latest sale price for the house of £332,000 on 25 Jun 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 |
---|---|
£332,000 | 25 Jun 2020 |
£85,500 | 30 Apr 1996 |
Semi-Detached |
Freehold |
Floor Area: 90 sq meters or 968 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 June 2020 the House Price Index for GREATER MANCHESTER was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £332,000 results in an estimated price of approximately £405,033.
25 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 149.7 | 21.998 % | £332,000 | £73,033 | £405,033 |
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 | 95.384 % | £316,676 | £648,676 |
3 Month Average | 51.523 % | £171,055 | £503,055 |
6 Month Average | 43.345 % | £143,904 | £475,904 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Feb 2023 | £412,757 | £410,000 | 13 CRANMERE DRIVE |
17 Jun 2022 | £582,450 | £570,000 | 15 DRAYTON CLOSE |
22 Apr 2022 | £352,723 | £340,000 | 49 COPPICE AVENUE |
13 Jan 2022 | £604,313 | £570,000 | 9A CRANMERE DRIVE |
21 Dec 2021 | £442,516 | £410,000 | 17 DRAYTON CLOSE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 17 Mar 2020. Using an estimated price of £405,033 means this house is valued at £4,500 per sq meter (£418 per sq foot).
The average size of a house on COPPICE AVENUE is 109 sq meters (1,183 sq feet).