£235,863
This estimated value is based upon the latest sale price for the house of £190,000 on 21 Nov 2018. 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 |
|---|---|
| £190,000 | 21 Nov 2018 |
| £33,000 | 17 Jul 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 November 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £190,000 results in an estimated price of approximately £235,863.
| 21 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £190,000 | £45,863 | £235,863 |
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 | 87.391 % | £166,043 | £356,043 |
| 3 Month Average | 65.394 % | £124,248 | £314,248 |
| 6 Month Average | 49.654 % | £94,342 | £284,342 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £265,861 | £260,000 | 375 KINGSWAY |
| 6 Mar 2023 | £264,416 | £260,000 | 21 OVERLEA DRIVE |
| 22 Feb 2023 | £294,467 | £292,500 | 96 BROADLEA ROAD |
| 1 Jun 2022 | £240,133 | £235,000 | 16 THORNFIELD ROAD |
| 29 Mar 2022 | £240,105 | £230,000 | 87 BROADLEA ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 21 Oct 2013. Using an estimated price of £235,864 means this house is valued at £2,985 per sq meter (£277 per sq foot).
The average size of a house on OVERLEA DRIVE is 92 sq meters (997 sq feet).