£107,272
This estimated value is based upon the latest sale price for the house of £95,000 on 1 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 |
---|---|
£95,000 | 1 Apr 2021 |
£64,000 | 26 Feb 2016 |
£73,995 | 16 Apr 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 £95,000 results in an estimated price of approximately £107,272.
1 Apr 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
131.6 | 148.6 | 12.918 % | £95,000 | £12,272 | £107,272 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | -18.234 % | £-17,321 | £77,678 |
3 Month Average | -26.346 % | £-25,028 | £69,971 |
6 Month Average | 7.630 % | £7,248 | £102,248 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jun 2023 | £83,005 | £82,000 | 1 MARSHBROOK DRIVE |
11 Apr 2023 | £152,644 | £151,000 | 18 MOSS HOUSE TERRACE |
10 Mar 2023 | £95,904 | £95,000 | 2 THORNDALE COURT |
27 Feb 2023 | £239,839 | £240,000 | 22 MARSHBROOK DRIVE |
26 Jan 2023 | £263,758 | £265,000 | 4 WALLBROOK DRIVE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 17 Jun 2015. Using an estimated price of £107,272 means this house is valued at £1,702 per sq meter (£158 per sq foot).
The average size of a house on NEWCROFT DRIVE is 69 sq meters (746 sq feet).