£373,953
This estimated value is based upon the latest sale price for the house of £280,000 on 9 Jun 2016. 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 |
|---|---|
| £280,000 | 9 Jun 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 June 2016 the House Price Index for GREATER MANCHESTER was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £280,000 results in an estimated price of approximately £373,953.
| 9 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £280,000 | £93,953 | £373,953 |
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 | 17.621 % | £49,339 | £329,339 |
| 3 Month Average | 35.843 % | £100,359 | £380,359 |
| 6 Month Average | 52.265 % | £146,343 | £426,343 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jun 2023 | £364,414 | £360,000 | 215 MANOR AVENUE |
| 11 Nov 2022 | £103,743 | £105,000 | 20 PINEWOOD |
| 18 Aug 2022 | £448,792 | £450,000 | 117 FIRS ROAD |
| 27 Jul 2022 | £396,066 | £395,000 | 5 TAUNTON ROAD |
| 15 Jun 2022 | £405,734 | £400,000 | 255 MANOR AVENUE |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 10 Mar 2016. Using an estimated price of £373,954 means this house is valued at £3,855 per sq meter (£358 per sq foot).
The average size of a house on TRURO DRIVE is 99 sq meters (1,076 sq feet).