£446,422
This estimated value is based upon the latest sale price for the house of £412,776 on 16 Nov 2021. 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 |
|---|---|
| £412,776 | 16 Nov 2021 |
| Leasehold |
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 2021 the House Price Index for GREATER MANCHESTER was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £412,776 results in an estimated price of approximately £446,422.
| 16 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £412,776 | £33,646 | £446,422 |
The Postcode Pricing Model uses changes in average sales price within the M41 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 | -20.275 % | £-83,691 | £329,084 |
| 3 Month Average | 48.509 % | £200,232 | £613,008 |
| 6 Month Average | 20.175 % | £83,277 | £496,053 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £37,706,746 | £37,250,000 | UNIT 10 NEARY WAY |
| 20 Jun 2023 | £248,004 | £245,000 | 70 WELWYN CLOSE |
| 2 Feb 2023 | £254,829 | £255,000 | 37 BOSCOMBE AVENUE |
| 19 May 2022 | £280,281 | £275,000 | 16 LANGLAND DRIVE |
| 13 May 2022 | £250,724 | £246,000 | 73 LANGLAND DRIVE |