£517,658
This estimated value is based upon the latest sale price for the house of £390,000 on 10 Nov 2016. 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 |
---|---|
£390,000 | 10 Nov 2016 |
Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 November 2016 the House Price Index for GREATER MANCHESTER was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £390,000 results in an estimated price of approximately £517,658.
10 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
112.8 | 149.7 | 32.733 % | £390,000 | £127,658 | £517,658 |
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 | 44.988 % | £175,453 | £565,453 |
3 Month Average | 32.970 % | £128,582 | £518,582 |
6 Month Average | 30.299 % | £118,167 | £508,167 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £520,497 | £512,500 | 32 LAMBERT DRIVE |
30 Jun 2023 | £413,282 | £405,000 | 5 LAMBERT DRIVE |
2 Jun 2023 | £438,793 | £430,000 | 3 REDCROFT ROAD |
28 Mar 2023 | £445,541 | £438,100 | 85 CARRINGTON LANE |
20 Jan 2023 | £476,273 | £475,000 | 25 LAMBERT DRIVE |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 8 Jul 2016. Using an estimated price of £517,658 means this house is valued at £4,278 per sq meter (£397 per sq foot).
The average size of a house on CARRINGTON LANE is 88 sq meters (951 sq feet).