£239,455
This estimated value is based upon the latest sale price for the house of £140,000 on 5 Oct 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 |
|---|---|
| £140,000 | 5 Oct 2012 |
| £59,000 | 26 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 2012 the House Price Index for GREATER MANCHESTER was 87.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.040%.Applying this 71.040% change to the original purchase price of £140,000 results in an estimated price of approximately £239,455.
| 5 Oct 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 149.7 | 71.040 % | £140,000 | £99,455 | £239,455 |
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 | 40.842 % | £57,178 | £197,178 |
| 3 Month Average | 61.059 % | £85,482 | £225,482 |
| 6 Month Average | 67.423 % | £94,392 | £234,392 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £358,508 | £353,000 | 41 MERSTON DRIVE |
| 29 Jul 2022 | £429,302 | £425,000 | 16 MERSTON DRIVE |
| 22 Apr 2022 | £352,723 | £340,000 | 904 KINGSWAY |
| 24 Mar 2022 | £417,573 | £400,000 | 933 KINGSWAY |
| 12 Jan 2022 | £296,856 | £280,000 | 919 KINGSWAY |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 21 Nov 2013. Using an estimated price of £239,456 means this house is valued at £2,443 per sq meter (£227 per sq foot).
The average size of a house on KINGSWAY is 97 sq meters (1,045 sq feet).