£480,405
This estimated value is based upon the latest sale price for the house of £472,000 on 11 Dec 2023. 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 |
|---|---|
| £472,000 | 11 Dec 2023 |
| £277,500 | 27 Feb 2017 |
| £227,000 | 28 Apr 2008 |
| £170,000 | 14 Jul 2006 |
| £68,000 | 21 Aug 1996 |
| Semi-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 2023 the House Price Index for GREATER MANCHESTER was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £472,000 results in an estimated price of approximately £480,405.
| 11 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £472,000 | £8,405 | £480,405 |
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 | -18.659 % | £-88,069 | £383,930 |
| 3 Month Average | -5.143 % | £-24,276 | £447,723 |
| 6 Month Average | -6.149 % | £-29,022 | £442,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £437,658 | £430,000 | 3A RUTLAND LANE |
| 11 Dec 2023 | £480,406 | £472,000 | 3 RUTLAND LANE |
| 2 Nov 2023 | £393,831 | £388,000 | 20 RIDING CLOSE |
| 31 Mar 2023 | £429,042 | £425,000 | 2A RUTLAND LANE |
| 14 Feb 2023 | £367,753 | £368,000 | 29 WYTHENSHAWE ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 21 Oct 2015. Using an estimated price of £480,406 means this house is valued at £5,221 per sq meter (£485 per sq foot).
There is one other house on the street which we know the size of, this is 5 RUTLAND LANE it is 167.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |