£872,242
This estimated value is based upon the latest sale price for the house of £700,000 on 15 Aug 2018. 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 |
|---|---|
| £700,000 | 15 Aug 2018 |
| £495,000 | 21 Dec 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 302 sq meters or 3,250 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 August 2018 the House Price Index for GREATER MANCHESTER was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £700,000 results in an estimated price of approximately £872,242.
| 15 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £700,000 | £172,242 | £872,242 |
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 | 72.611 % | £508,276 | £1,208,276 |
| 3 Month Average | 38.307 % | £268,147 | £968,147 |
| 6 Month Average | 9.910 % | £69,370 | £769,370 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £185,706 | £180,000 | FLAT 12 BARFIELD HOUSE, 3 SPATH ROAD |
| 3 Nov 2023 | £189,818 | £185,000 | FLAT 16 BARFIELD HOUSE, 3 SPATH ROAD |
| 31 Oct 2023 | £317,204 | £310,000 | 8 SPATH HOUSE, 4 SPATH ROAD |
| 27 Oct 2023 | £194,364 | £189,950 | FLAT 6 BARFIELD HOUSE, 3 SPATH ROAD |
| 20 Oct 2023 | £276,275 | £270,000 | FLAT 5 TALL TREES, 8 MERSEY ROAD |
This house has a floor area of 302 sq meters or 3,250 sq feet when measured on 27 Jul 2012. Using an estimated price of £872,242 means this house is valued at £2,888 per sq meter (£268 per sq foot).
The average size of a house on SPATH ROAD is 103 sq meters (1,112 sq feet).
This house is the largest in the street with a floor area of 302 sq meters (3,250 sq feet).