£487,812
This estimated value is based upon the latest sale price for the house of £295,000 on 16 Aug 2013. 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 |
|---|---|
| £295,000 | 16 Aug 2013 |
| Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 August 2013 the House Price Index for GREATER MANCHESTER was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £295,000 results in an estimated price of approximately £487,812.
| 16 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 148.6 | 65.360 % | £295,000 | £192,812 | £487,812 |
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 | 62.097 % | £183,187 | £478,187 |
| 3 Month Average | 63.650 % | £187,767 | £482,767 |
| 6 Month Average | 70.328 % | £207,466 | £502,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jul 2023 | £912,278 | £900,000 | 9 HARBORO ROAD |
| 14 Jul 2023 | £592,981 | £585,000 | 34 FOWNHOPE AVENUE |
| 6 Apr 2023 | £545,878 | £540,000 | 19 FOWNHOPE AVENUE |
| 23 Aug 2022 | £638,282 | £640,000 | 12 CECIL AVENUE |
| 17 Aug 2022 | £538,550 | £540,000 | 31 FOWNHOPE AVENUE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 8 Jan 2013. Using an estimated price of £487,812 means this house is valued at £4,602 per sq meter (£427 per sq foot).
The average size of a house on CECIL AVENUE is 194 sq meters (2,093 sq feet).