£291,190
This estimated value is based upon the latest sale price for the house of £238,000 on 21 Feb 2020. 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 |
|---|---|
| £238,000 | 21 Feb 2020 |
| £77,514 | 16 May 2012 |
| Semi-Detached |
| Leasehold |
| Floor Area: 114 sq meters or 1,229 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 February 2020 the House Price Index for GREATER MANCHESTER was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £238,000 results in an estimated price of approximately £291,190.
| 21 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £238,000 | £53,190 | £291,190 |
The Postcode Pricing Model uses changes in average sales price within the M23 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 | 23.334 % | £55,535 | £293,535 |
| 3 Month Average | 42.538 % | £101,240 | £339,240 |
| 6 Month Average | 46.136 % | £109,803 | £347,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £293,556 | £290,000 | 47 SANDACRE ROAD |
| 14 Nov 2022 | £339,883 | £344,000 | 1 SPINNEY ROAD |
| 8 Nov 2022 | £271,709 | £275,000 | 18 SANDACRE ROAD |
| 3 Nov 2022 | £666,922 | £675,000 | 459 ALTRINCHAM ROAD |
| 1 Aug 2022 | £264,289 | £265,000 | 50 SPINNEY ROAD |
This house has a floor area of 114 sq meters or 1,229 sq feet when measured on 19 Aug 2010. Using an estimated price of £291,191 means this house is valued at £2,548 per sq meter (£236 per sq foot).
The average size of a house on SPINNEY ROAD is 93 sq meters (1,011 sq feet).