£310,207
This estimated value is based upon the latest sale price for the house of £244,000 on 27 Oct 2017. 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 |
|---|---|
| £244,000 | 27 Oct 2017 |
| £119,000 | 4 Feb 2002 |
| £92,950 | 26 Mar 1999 |
| £38,000 | 31 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,085 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 2017 the House Price Index for GREATER MANCHESTER was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £244,000 results in an estimated price of approximately £310,207.
| 27 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £244,000 | £66,207 | £310,207 |
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 | 27.185 % | £66,330 | £310,330 |
| 3 Month Average | 22.730 % | £55,461 | £299,461 |
| 6 Month Average | 25.116 % | £61,283 | £305,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £318,074 | £310,000 | 25 PRINCES DRIVE |
| 1 Nov 2023 | £264,720 | £258,000 | 5 PRINCES DRIVE |
| 27 Oct 2023 | £470,690 | £460,000 | 21 MARSLAND ROAD |
| 18 Oct 2023 | £414,412 | £405,000 | 16 VICTORIA ROAD |
| 1 Sep 2023 | £475,482 | £465,000 | 28 MARSLAND ROAD |
This house has a floor area of 100 sq meters or 1,085 sq feet when measured on 17 Dec 2008. Using an estimated price of £310,208 means this house is valued at £3,075 per sq meter (£285 per sq foot).
The average size of a house on VICTORIA DRIVE is 117 sq meters (1,264 sq feet).