£452,978
This estimated value is based upon the latest sale price for the house of £422,800 on 13 Dec 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 |
---|---|
£422,800 | 13 Dec 2021 |
£233,500 | 6 Jul 2012 |
Semi-Detached |
Freehold |
Floor Area: 94 sq meters or 1,013 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 December 2021 the House Price Index for GREATER MANCHESTER was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £422,800 results in an estimated price of approximately £452,978.
13 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 148.6 | 7.138 % | £422,800 | £30,178 | £452,978 |
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 | -6.068 % | £-25,656 | £397,143 |
3 Month Average | 9.744 % | £41,199 | £463,999 |
6 Month Average | 14.864 % | £62,845 | £485,645 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £540,730 | £536,000 | 128 WOODHOUSE LANE EAST |
28 Jul 2023 | £567,640 | £560,000 | 18 FAIRYWELL DRIVE |
6 Jan 2023 | £691,741 | £695,000 | 108 WOODHOUSE LANE EAST |
6 Jan 2023 | £338,406 | £340,000 | 47 ARCADIA AVENUE |
21 Oct 2022 | £361,112 | £365,000 | 4 FAIRYWELL DRIVE |
This house has a floor area of 94 sq meters or 1,013 sq feet when measured on 15 Jan 2009. Using an estimated price of £452,978 means this house is valued at £4,808 per sq meter (£446 per sq foot).
The average size of a house on FAIRYWELL DRIVE is 113 sq meters (1,218 sq feet).