£208,336
This estimated value is based upon the latest sale price for the house of £166,000 on 5 Jan 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 |
|---|---|
| £166,000 | 5 Jan 2018 |
| £103,000 | 12 Nov 2010 |
| £104,000 | 29 Sep 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 723 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 January 2018 the House Price Index for GREATER MANCHESTER was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £166,000 results in an estimated price of approximately £208,336.
| 5 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £166,000 | £42,336 | £208,336 |
The Postcode Pricing Model uses changes in average sales price within the M23 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 | 40.751 % | £67,647 | £233,647 |
| 3 Month Average | 48.879 % | £81,139 | £247,139 |
| 6 Month Average | 50.245 % | £83,407 | £249,407 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £245,808 | £242,500 | 25 RACKHOUSE ROAD |
| 25 Apr 2023 | £252,721 | £250,000 | 153 YEW TREE LANE |
| 6 Mar 2023 | £252,378 | £250,000 | 6 DAINE AVENUE |
| 24 Feb 2023 | £224,849 | £225,000 | 33 RACKHOUSE ROAD |
| 24 Jun 2022 | £273,870 | £270,000 | 3 DAINE AVENUE |
This house has a floor area of 67 sq meters or 723 sq feet when measured on 8 Apr 2010. Using an estimated price of £208,337 means this house is valued at £3,098 per sq meter (£287 per sq foot).
The average size of a house on YEW TREE LANE is 80 sq meters (871 sq feet).