£421,179
This estimated value is based upon the latest sale price for the house of £139,950 on 17 Apr 2002. 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 |
---|---|
£139,950 | 17 Apr 2002 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,108 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 April 2002 the House Price Index for GREATER MANCHESTER was 49.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 200.950%.Applying this 200.950% change to the original purchase price of £139,950 results in an estimated price of approximately £421,179.
17 Apr 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
49.7 | 149.7 | 200.950 % | £139,950 | £281,229 | £421,179 |
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 | 158.824 % | £222,274 | £362,224 |
3 Month Average | 173.281 % | £242,507 | £382,457 |
6 Month Average | 192.633 % | £269,590 | £409,540 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £358,508 | £353,000 | 41 MERSTON DRIVE |
30 Oct 2023 | £406,840 | £397,600 | 5 HOLLY TREE FARM, 19 BROAD OAK LANE |
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 |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 1 Jul 2014. Using an estimated price of £421,179 means this house is valued at £4,089 per sq meter (£379 per sq foot).
The average size of a house on KINGSWAY is 97 sq meters (1,045 sq feet).