£261,209
This estimated value is based upon the latest sale price for the house of £144,950 on 9 Dec 2005. 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 |
---|---|
£144,950 | 9 Dec 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 91 sq meters or 979 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 2005 the House Price Index for GREATER MANCHESTER was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £144,950 results in an estimated price of approximately £261,209.
9 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.5 | 148.6 | 80.207 % | £144,950 | £116,259 | £261,209 |
The Postcode Pricing Model uses changes in average sales price within the M11 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 | 156.749 % | £227,207 | £372,157 |
3 Month Average | 209.048 % | £303,014 | £447,964 |
6 Month Average | 184.901 % | £268,013 | £412,963 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £316,041 | £312,000 | 35 STADIUM DRIVE |
16 Jan 2023 | £278,687 | £280,000 | 16 LLOYD WRIGHT AVENUE |
13 Apr 2022 | £293,493 | £285,000 | 25 WREN WAY |
30 Apr 2021 | £299,233 | £265,000 | 2 LLOYD WRIGHT AVENUE |
10 Jul 2019 | £163,422 | £132,500 | APARTMENT 7 CAMPBELL HOUSE, 403 ASHTON OLD ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 11 Aug 2020. Using an estimated price of £261,210 means this house is valued at £2,870 per sq meter (£266 per sq foot).
The average size of a house on WREN WAY is 100 sq meters (1,083 sq feet).