£363,655
This estimated value is based upon the latest sale price for the house of £310,000 on 2 Oct 2020. 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 |
|---|---|
| £310,000 | 2 Oct 2020 |
| £240,000 | 9 Jun 2016 |
| £147,500 | 8 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 151 sq meters or 1,625 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 October 2020 the House Price Index for GREATER MANCHESTER was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £310,000 results in an estimated price of approximately £363,655.
| 2 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £310,000 | £53,655 | £363,655 |
The Postcode Pricing Model uses changes in average sales price within the M16 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 | -0.814 % | £-2,523 | £307,476 |
| 3 Month Average | 54.724 % | £169,642 | £479,642 |
| 6 Month Average | 84.491 % | £261,922 | £571,922 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £319,734 | £315,000 | 20 BLENHEIM AVENUE |
| 11 Aug 2023 | £14,376 | £14,250 | 128 MANLEY ROAD |
| 2 Aug 2023 | £272,383 | £270,000 | FLAT 1 11 BEDFORD AVENUE |
| 2 Aug 2023 | £253,215 | £251,000 | 101 MANLEY ROAD |
| 11 Mar 2022 | £302,070 | £291,500 | 61 CLARENDON ROAD |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 4 Sep 2014. Using an estimated price of £363,656 means this house is valued at £2,408 per sq meter (£223 per sq foot).
The average size of a house on PALMERSTON AVENUE is 165 sq meters (1,780 sq feet).
This house is the largest in the street with a floor area of 151 sq meters (1,625 sq feet).