£977,851
This estimated value is based upon the latest sale price for the house of £852,000 on 16 Dec 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 |
---|---|
£852,000 | 16 Dec 2020 |
Semi-Detached |
Freehold |
Floor Area: 190 sq meters or 2,045 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 2020 the House Price Index for GREATER MANCHESTER was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £852,000 results in an estimated price of approximately £977,851.
16 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £852,000 | £125,851 | £977,851 |
The Postcode Pricing Model uses changes in average sales price within the M21 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 | -45.313 % | £-386,062 | £465,937 |
3 Month Average | 1.258 % | £10,721 | £862,721 |
6 Month Average | 22.384 % | £190,708 | £1,042,708 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2023 | £1,261,032 | £1,250,000 | 22 HARTINGTON ROAD |
20 Apr 2023 | £419,517 | £415,000 | 46 HARTINGTON ROAD |
2 Mar 2023 | £1,160,938 | £1,150,000 | 6 ZETLAND ROAD |
3 Aug 2022 | £530,572 | £532,000 | 48 HARTINGTON ROAD |
24 Jun 2022 | £846,969 | £835,000 | 32 ZETLAND ROAD |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 19 Aug 2020. Using an estimated price of £977,852 means this house is valued at £5,146 per sq meter (£478 per sq foot).
The average size of a house on ZETLAND ROAD is 109 sq meters (1,178 sq feet).