£394,466
This estimated value is based upon the latest sale price for the house of £231,500 on 19 Dec 2012. 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 |
---|---|
£231,500 | 19 Dec 2012 |
£207,500 | 25 Nov 2005 |
£54,000 | 31 Mar 1995 |
£52,250 | 17 Feb 1995 |
Semi-Detached |
Freehold |
Floor Area: 107 sq meters or 1,151 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 December 2012 the House Price Index for GREATER MANCHESTER was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £231,500 results in an estimated price of approximately £394,466.
19 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 149.7 | 70.396 % | £231,500 | £162,966 | £394,466 |
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 | 139.582 % | £323,131 | £554,631 |
3 Month Average | 95.791 % | £221,756 | £453,256 |
6 Month Average | 82.868 % | £191,839 | £423,339 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £457,022 | £450,000 | 84 CHESTNUT DRIVE |
9 Nov 2023 | £534,570 | £521,000 | 29 OVERTON CRESCENT |
30 Jun 2023 | £459,202 | £450,000 | 71 CHESTNUT DRIVE |
5 Apr 2023 | £402,529 | £395,000 | 53 OVERTON CRESCENT |
29 Apr 2022 | £447,129 | £431,000 | 67 WOODHEYS DRIVE |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 7 Sep 2012. Using an estimated price of £394,466 means this house is valued at £3,686 per sq meter (£342 per sq foot).
The average size of a house on OVERTON CRESCENT is 95 sq meters (1,023 sq feet).