£265,538
This estimated value is based upon the latest sale price for the house of £151,000 on 26 Nov 2009. 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 |
---|---|
£151,000 | 26 Nov 2009 |
Semi-Detached |
Freehold |
Floor Area: 88 sq meters or 947 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 November 2009 the House Price Index for GREATER MANCHESTER was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.853%.Applying this 75.853% change to the original purchase price of £151,000 results in an estimated price of approximately £265,538.
26 Nov 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.1 | 149.7 | 75.853 % | £151,000 | £114,538 | £265,538 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 132.050 % | £199,395 | £350,395 |
3 Month Average | 93.884 % | £141,764 | £292,764 |
6 Month Average | 83.689 % | £126,370 | £277,370 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2023 | £465,574 | £455,000 | 37 RAVENSTONE DRIVE |
20 Mar 2023 | £432,218 | £425,000 | 26 RAVENSTONE DRIVE |
10 Jun 2022 | £178,823 | £175,000 | 13 STAPLEFORD CLOSE |
27 May 2022 | £395,298 | £385,000 | 104 ARNESBY AVENUE |
10 May 2022 | £354,228 | £345,000 | 44 RAVENSTONE DRIVE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 26 Jun 2009. Using an estimated price of £265,538 means this house is valued at £3,017 per sq meter (£280 per sq foot).
The average size of a house on ARNESBY AVENUE is 101 sq meters (1,088 sq feet).