£313,591
This estimated value is based upon the latest sale price for the house of £181,500 on 2 Sep 2011. 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 |
---|---|
£181,500 | 2 Sep 2011 |
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 September 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.778%.Applying this 72.778% change to the original purchase price of £181,500 results in an estimated price of approximately £313,591.
2 Sep 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.778 % | £181,500 | £132,091 | £313,591 |
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 | 76.564 % | £138,964 | £320,464 |
3 Month Average | 72.058 % | £130,785 | £312,285 |
6 Month Average | 80.348 % | £145,832 | £327,332 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £435,273 | £430,000 | 3 REDCROFT ROAD |
27 Jan 2023 | £313,523 | £315,000 | 82 ST MARTINS ROAD |
12 Aug 2022 | £407,403 | £408,500 | 27 ST MARTINS ROAD |
15 Jul 2022 | £300,810 | £300,000 | 1 BUCKFAST ROAD |
23 Mar 2022 | £357,510 | £345,000 | 72 ST MARTINS ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 3 Jul 2020. Using an estimated price of £313,592 means this house is valued at £3,044 per sq meter (£282 per sq foot).
The average size of a house on HAMLET DRIVE is 139 sq meters (1,503 sq feet).