£117,092
This estimated value is based upon the latest sale price for the house of £96,000 on 9 Jan 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 |
|---|---|
| £96,000 | 9 Jan 2020 |
| £130,000 | 7 Apr 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 January 2020 the House Price Index for GREATER MANCHESTER was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £96,000 results in an estimated price of approximately £117,092.
| 9 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £96,000 | £21,092 | £117,092 |
The Postcode Pricing Model uses changes in average sales price within the M9 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 | 95.159 % | £91,352 | £187,352 |
| 3 Month Average | 20.113 % | £19,308 | £115,308 |
| 6 Month Average | 19.993 % | £19,193 | £115,193 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £220,974 | £218,000 | 13 STRAIN AVENUE |
| 13 Feb 2023 | £69,953 | £70,000 | 9 VALENTIA ROAD |
| 1 Feb 2023 | £254,829 | £255,000 | 126 HILL LANE |
| 13 Oct 2022 | £197,870 | £200,000 | 2 WESTLAND DRIVE |
| 27 Jun 2022 | £241,412 | £238,000 | 11 LAUREL BANK GARDENS |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 12 Nov 2019. Using an estimated price of £117,093 means this house is valued at £1,604 per sq meter (£149 per sq foot).
The average size of a house on STONEMEAD DRIVE is 99 sq meters (1,066 sq feet).