£365,420
This estimated value is based upon the latest sale price for the house of £245,000 on 18 Dec 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 |
|---|---|
| £245,000 | 18 Dec 2014 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 December 2014 the House Price Index for GREATER MANCHESTER was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £245,000 results in an estimated price of approximately £365,420.
| 18 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £245,000 | £120,420 | £365,420 |
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 | 40.489 % | £99,197 | £344,197 |
| 3 Month Average | 52.344 % | £128,241 | £373,241 |
| 6 Month Average | 58.802 % | £144,064 | £389,064 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £376,589 | £370,000 | 64 CRANLEIGH DRIVE |
| 30 Nov 2023 | £588,716 | £580,000 | 87 CRANLEIGH DRIVE |
| 24 Aug 2023 | £494,325 | £490,000 | 13 PENRYN AVENUE |
| 29 Jun 2023 | £232,820 | £230,000 | 6 LYMINGTON DRIVE |
| 16 May 2022 | £365,894 | £359,000 | 12 PENRYN AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 8 Jul 2014. Using an estimated price of £365,420 means this house is valued at £3,971 per sq meter (£369 per sq foot).
The average size of a house on PENRYN AVENUE is 119 sq meters (1,290 sq feet).