£271,296
This estimated value is based upon the latest sale price for the house of £157,000 on 11 Jul 2011. 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 |
|---|---|
| £157,000 | 11 Jul 2011 |
| £60,000 | 1 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 102 sq meters or 1,101 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 July 2011 the House Price Index for GREATER MANCHESTER was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £157,000 results in an estimated price of approximately £271,296.
| 11 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.800 % | £157,000 | £114,296 | £271,296 |
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 | 58.961 % | £92,568 | £249,568 |
| 3 Month Average | 71.090 % | £111,611 | £268,611 |
| 6 Month Average | 83.994 % | £131,869 | £288,869 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £274,057 | £270,000 | 16 PAIGNTON DRIVE |
| 14 Aug 2023 | £317,780 | £315,000 | 23 OAKLEA ROAD |
| 24 Jul 2023 | £466,276 | £460,000 | 79 CARRINGTON LANE |
| 26 Jun 2023 | £293,556 | £290,000 | 13 BRIXHAM DRIVE |
| 28 Mar 2023 | £442,267 | £438,100 | 85 CARRINGTON LANE |
This house has a floor area of 102 sq meters or 1,101 sq feet when measured on 23 Feb 2011. Using an estimated price of £271,297 means this house is valued at £2,650 per sq meter (£246 per sq foot).
The average size of a house on TOTNES ROAD is 107 sq meters (1,158 sq feet).