£357,146
This estimated value is based upon the latest sale price for the house of £231,000 on 7 May 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 |
|---|---|
| £231,000 | 7 May 2014 |
| Detached |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 May 2014 the House Price Index for GREATER MANCHESTER was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £231,000 results in an estimated price of approximately £357,146.
| 7 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £231,000 | £126,146 | £357,146 |
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 | 47.202 % | £109,036 | £340,036 |
| 3 Month Average | 62.848 % | £145,179 | £376,179 |
| 6 Month Average | 68.127 % | £157,373 | £388,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £381,678 | £375,000 | 22 LEGH ROAD |
| 31 Mar 2023 | £427,023 | £423,000 | 103 CONWAY ROAD |
| 7 Oct 2022 | £361,112 | £365,000 | 7 FRASER AVENUE |
| 24 Aug 2022 | £359,034 | £360,000 | 8 FRASER AVENUE |
| 13 Jun 2022 | £374,797 | £369,500 | 83 CONWAY ROAD |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 6 Oct 2013. Using an estimated price of £357,146 means this house is valued at £4,152 per sq meter (£385 per sq foot).
The average size of a house on FRASER AVENUE is 89 sq meters (964 sq feet).