£342,712
This estimated value is based upon the latest sale price for the house of £290,000 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER MANCHESTER 1
Get our free house price tracker.
HQ Salford, Clippers Quay, Manchester, M50 3XP
Phone: 01615062781
| Price Paid | Date |
|---|---|
| £290,000 | 23 Oct 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £290,000 results in an estimated price of approximately £342,712.
| 23 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £290,000 | £52,712 | £342,712 |
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 | -5.417 % | £-15,710 | £274,289 |
| 3 Month Average | 2.327 % | £6,749 | £296,749 |
| 6 Month Average | 8.865 % | £25,707 | £315,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £325,878 | £320,000 | 5 OAKDALE DRIVE |
| 2 Feb 2023 | £382,555 | £380,000 | 30 LANESIDE ROAD |
| 23 Nov 2022 | £386,194 | £388,000 | 26 LANESIDE ROAD |
| 8 Apr 2022 | £382,809 | £369,000 | 3 GAWSWORTH AVENUE |
| 28 May 2021 | £284,601 | £250,000 | 862 KINGSWAY |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 8 Jul 2020. Using an estimated price of £342,712 means this house is valued at £3,894 per sq meter (£361 per sq foot).
The average size of a house on KINGSWAY is 97 sq meters (1,045 sq feet).