£255,460
This estimated value is based upon the latest sale price for the house of £250,000 on 24 Jun 2022. 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 |
|---|---|
| £250,000 | 24 Jun 2022 |
| £185,000 | 17 Nov 2020 |
| £143,500 | 1 Jul 2010 |
| £142,500 | 23 Aug 2006 |
| £83,450 | 23 Nov 2001 |
| Terraced |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 2022 the House Price Index for GREATER MANCHESTER was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £250,000 results in an estimated price of approximately £255,460.
| 24 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £250,000 | £5,460 | £255,460 |
The Postcode Pricing Model uses changes in average sales price within the M22 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 | -2.231 % | £-5,576 | £244,423 |
| 3 Month Average | -4.002 % | £-10,004 | £239,995 |
| 6 Month Average | 12.579 % | £31,448 | £281,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2022 | £199,069 | £200,000 | 27 HARRIER CLOSE |
| 28 Oct 2022 | £149,501 | £150,000 | 72 STARLING CLOSE |
| 24 Jun 2022 | £255,461 | £250,000 | 7 FINCHWOOD ROAD |
| 10 May 2022 | £208,943 | £203,500 | 10 FINCHWOOD ROAD |
| 25 Feb 2022 | £245,626 | £232,500 | 17 STARLING CLOSE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 15 Jun 2020. Using an estimated price of £255,461 means this house is valued at £4,404 per sq meter (£409 per sq foot).
The average size of a house on FINCHWOOD ROAD is 69 sq meters (744 sq feet).
This house is the smallest in the street with a floor area of 58 sq meters (624 sq feet).