£674,324
This estimated value is based upon the latest sale price for the house of £400,000 on 31 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 |
|---|---|
| £400,000 | 31 May 2013 |
| Detached |
| Freehold |
| Floor Area: 159 sq meters or 1,711 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 May 2024 is 149.7 which is a change of 68.581%.Applying this 68.581% change to the original purchase price of £400,000 results in an estimated price of approximately £674,324.
| 31 May 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.8 | 149.7 | 68.581 % | £400,000 | £274,324 | £674,324 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 119.020 % | £476,081 | £876,081 |
| 3 Month Average | 86.869 % | £347,475 | £747,475 |
| 6 Month Average | 56.293 % | £225,173 | £625,173 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 May 2024 | £500,000 | £500,000 | 28 RUABON ROAD |
| 3 May 2024 | £475,000 | £475,000 | 21 RUABON ROAD |
| 3 Nov 2023 | £424,526 | £413,750 | FLAT 10 DIDSBURY LODGE HALL, 827 WILMSLOW ROAD |
| 2 Oct 2023 | £501,388 | £490,000 | 399 PARRS WOOD ROAD |
| 27 Feb 2023 | £729,876 | £725,000 | 1 BRAYTON AVENUE |
This house has a floor area of 159 sq meters or 1,711 sq feet when measured on 6 Aug 2012. Using an estimated price of £674,324 means this house is valued at £4,241 per sq meter (£394 per sq foot).
The average size of a house on WILMSLOW ROAD is 75 sq meters (812 sq feet).