£493,659
This estimated value is based upon the latest sale price for the house of £295,000 on 9 May 2013. 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 |
|---|---|
| £295,000 | 9 May 2013 |
| £76,665 | 1 May 2003 |
| £75,000 | 8 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 220 sq meters or 2,368 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 May 2013 the House Price Index for GREATER MANCHESTER was 88.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £295,000 results in an estimated price of approximately £493,659.
| 9 May 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 148.6 | 67.342 % | £295,000 | £198,659 | £493,659 |
The Postcode Pricing Model uses changes in average sales price within the M7 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 | -67.706 % | £-199,732 | £95,267 |
| 3 Month Average | 34.184 % | £100,842 | £395,842 |
| 6 Month Average | 69.216 % | £204,188 | £499,188 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Feb 2023 | £299,798 | £300,000 | 4 IVY GARDENS |
| 6 Jan 2023 | £388,171 | £390,000 | 4 MANDLEY PARK AVENUE |
| 21 Jul 2022 | £511,377 | £510,000 | 97 LEICESTER ROAD |
| 11 Apr 2022 | £566,390 | £550,000 | 11 GRANVILLE AVENUE |
| 7 Mar 2022 | £699,477 | £675,000 | 1 SALTIRE GARDENS |
This house has a floor area of 220 sq meters or 2,368 sq feet when measured on 17 Oct 2013. Using an estimated price of £493,660 means this house is valued at £2,243 per sq meter (£208 per sq foot).
The average size of a house on MANDLEY PARK AVENUE is 231 sq meters (2,491 sq feet).
This house is the largest in the street with a floor area of 220 sq meters (2,368 sq feet).