£255,284
This estimated value is based upon the latest sale price for the house of £205,000 on 3 May 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 |
|---|---|
| £205,000 | 3 May 2019 |
| £180,000 | 10 Aug 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 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 May 2019 the House Price Index for GREATER MANCHESTER was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £205,000 results in an estimated price of approximately £255,284.
| 3 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £205,000 | £50,284 | £255,284 |
The Postcode Pricing Model uses changes in average sales price within the M14 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 | 9.990 % | £20,479 | £225,479 |
| 3 Month Average | 47.118 % | £96,592 | £301,592 |
| 6 Month Average | 42.268 % | £86,648 | £291,648 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £306,972 | £300,000 | 20 WILLOW BANK |
| 27 May 2022 | £318,292 | £310,000 | 26 WILLOW BANK |
| 26 Nov 2021 | £490,284 | £450,000 | 20 LATCHMERE ROAD |
| 29 Oct 2021 | £237,424 | £213,000 | 32 WILLOW BANK |
| 30 Jun 2021 | £432,346 | £399,999 | 14 GRANVILLE ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 30 Apr 2018. Using an estimated price of £255,284 means this house is valued at £2,279 per sq meter (£211 per sq foot).
The average size of a house on WILLOW BANK is 110 sq meters (1,189 sq feet).