£434,160
This estimated value is based upon the latest sale price for the house of £290,000 on 31 Oct 2014. 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 |
|---|---|
| £290,000 | 31 Oct 2014 |
| £177,000 | 1 Dec 2004 |
| £63,950 | 17 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2014 the House Price Index for GREATER MANCHESTER was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £290,000 results in an estimated price of approximately £434,160.
| 31 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £290,000 | £144,160 | £434,160 |
The Postcode Pricing Model uses changes in average sales price within the M21 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 | -6.791 % | £-19,694 | £270,305 |
| 3 Month Average | 49.791 % | £144,393 | £434,393 |
| 6 Month Average | 69.044 % | £200,228 | £490,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £577,776 | £570,000 | 14 BEAUMONT ROAD |
| 27 Feb 2023 | £354,761 | £355,000 | 8 BEAUMONT ROAD |
| 29 Nov 2022 | £508,836 | £515,000 | 21 REEVES ROAD |
| 24 Jun 2021 | £482,816 | £450,000 | 16 REYNARD ROAD |
| 21 Jun 2021 | £575,087 | £536,000 | 34 REEVES ROAD |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 9 Jun 2014. Using an estimated price of £434,161 means this house is valued at £4,570 per sq meter (£424 per sq foot).
The average size of a house on REEVES ROAD is 117 sq meters (1,265 sq feet).