£169,175
This estimated value is based upon the latest sale price for the house of £116,500 on 12 Jun 2015. 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 |
|---|---|
| £116,500 | 12 Jun 2015 |
| Terraced |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 June 2015 the House Price Index for GREATER MANCHESTER was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £116,500 results in an estimated price of approximately £169,175.
| 12 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £116,500 | £52,675 | £169,175 |
The Postcode Pricing Model uses changes in average sales price within the M40 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 | 340.811 % | £397,045 | £513,545 |
| 3 Month Average | 87.260 % | £101,658 | £218,158 |
| 6 Month Average | 68.345 % | £79,622 | £196,122 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £407,123 | £400,000 | 14 EASTFIELD AVENUE |
| 8 Dec 2023 | £478,319 | £469,950 | 2 STRACEY STREET |
| 31 Aug 2023 | £282,471 | £280,000 | 2 DANSON STREET |
| 30 Aug 2022 | £279,946 | £280,700 | 40 TEWKESBURY ROAD |
| 3 May 2022 | £197,726 | £194,000 | 3 STRACEY STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 8 May 2015. Using an estimated price of £169,175 means this house is valued at £2,382 per sq meter (£221 per sq foot).
The average size of a house on EASTFIELD AVENUE is 95 sq meters (1,025 sq feet).