£843
This estimated value is based upon the latest sale price for the house of £700 on 3 Mar 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 |
|---|---|
| £700 | 3 Mar 2020 |
| £390,000 | 4 Jul 2017 |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 March 2020 the House Price Index for GREATER MANCHESTER was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £700 results in an estimated price of approximately £843.
| 3 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £700 | £143 | £843 |
The Postcode Pricing Model uses changes in average sales price within the M33 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 | 158.977 % | £1,112 | £1,812 |
| 3 Month Average | 40.590 % | £284 | £984 |
| 6 Month Average | 36.869 % | £258 | £958 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £520,709 | £513,000 | 154 CHESTNUT DRIVE |
| 5 Apr 2023 | £399,299 | £395,000 | 53 OVERTON CRESCENT |
| 31 Oct 2022 | £1,237 | £1,250 | 109 CHESTNUT DRIVE |
| 29 Apr 2022 | £443,843 | £431,000 | 67 WOODHEYS DRIVE |
| 6 Apr 2022 | £545,794 | £530,000 | 103 CHESTNUT DRIVE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 16 Feb 2017. Using an estimated price of £843 means this house is valued at £7 per sq meter (£0 per sq foot).
The average size of a house on CHESTNUT DRIVE is 104 sq meters (1,126 sq feet).