£221,787
This estimated value is based upon the latest sale price for the house of £178,500 on 3 Jul 2019. 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 |
---|---|
£178,500 | 3 Jul 2019 |
£137,000 | 12 Jul 2013 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 July 2019 the House Price Index for GREATER MANCHESTER was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £178,500 results in an estimated price of approximately £221,787.
3 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.250 % | £178,500 | £43,287 | £221,787 |
The Postcode Pricing Model uses changes in average sales price within the M21 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 | 57.042 % | £101,819 | £280,319 |
3 Month Average | 27.215 % | £48,577 | £227,077 |
6 Month Average | 29.739 % | £53,084 | £231,584 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £559,698 | £542,500 | 29 IVYGREEN ROAD |
20 Dec 2023 | £459,107 | £445,000 | 42 IVYGREEN ROAD |
24 Nov 2023 | £241,121 | £235,000 | FLAT 19 ALLAN COURT IVYGREEN ROAD |
31 Oct 2023 | £379,622 | £371,000 | 13 HAMMETT ROAD |
13 Jan 2023 | £302,407 | £301,599 | 4 HAMMETT ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 25 Apr 2013. Using an estimated price of £221,787 means this house is valued at £3,520 per sq meter (£327 per sq foot).
The average size of a house on IVYGREEN ROAD is 90 sq meters (976 sq feet).