£621,048
This estimated value is based upon the latest sale price for the house of £550,000 on 9 Apr 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 |
|---|---|
| £550,000 | 9 Apr 2021 |
| Terraced |
| Freehold |
| Floor Area: 176 sq meters or 1,894 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 April 2021 the House Price Index for GREATER MANCHESTER was 131.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 12.918%.Applying this 12.918% change to the original purchase price of £550,000 results in an estimated price of approximately £621,048.
| 9 Apr 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.6 | 148.6 | 12.918 % | £550,000 | £71,048 | £621,048 |
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 | -3.680 % | £-20,238 | £529,761 |
| 3 Month Average | 14.761 % | £81,187 | £631,187 |
| 6 Month Average | 4.758 % | £26,168 | £576,168 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £162,072 | £160,000 | FLAT 5 EASTVIEW, 3 BROOKLANDS CRESCENT |
| 10 Mar 2023 | £242,283 | £240,000 | APARTMENT 5 ROSE VILLA WEST GROVE |
| 20 Jan 2023 | £182,142 | £183,000 | FLAT 6 THE NEWLANDS, 1 BROOKLANDS ROAD |
| 4 Nov 2022 | £190,690 | £193,000 | FLAT 2 CRESCENT COURT, 9 BROOKLANDS CRESCENT |
| 28 Sep 2022 | £867,991 | £875,000 | 3 BROOKLANDS ROAD |
This house has a floor area of 176 sq meters or 1,894 sq feet when measured on 12 Feb 2021. Using an estimated price of £621,049 means this house is valued at £3,528 per sq meter (£327 per sq foot).
The average size of a house on HEYWOOD ROAD is 129 sq meters (1,398 sq feet).
This house is the largest in the street with a floor area of 176 sq meters (1,894 sq feet).