£346,333
This estimated value is based upon the latest sale price for the house of £280,000 on 9 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 |
|---|---|
| £280,000 | 9 Aug 2018 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £280,000 results in an estimated price of approximately £346,333.
| 9 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £280,000 | £66,333 | £346,333 |
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 | 9.905 % | £27,735 | £307,735 |
| 3 Month Average | 19.113 % | £53,517 | £333,517 |
| 6 Month Average | 15.372 % | £43,042 | £323,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £405,000 | £405,000 | 10 TENBY AVENUE |
| 10 Nov 2023 | £442,552 | £436,000 | 6 REDCAR AVENUE |
| 18 Jan 2023 | £238,875 | £240,000 | 26 EVERETT ROAD |
| 20 Sep 2022 | £416,636 | £420,000 | 4 REDCAR AVENUE |
| 15 Jul 2022 | £887,389 | £885,000 | 7 NESTON AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 21 May 2018. Using an estimated price of £346,333 means this house is valued at £3,463 per sq meter (£321 per sq foot).
The average size of a house on REDCAR AVENUE is 72 sq meters (777 sq feet).