£423,007
This estimated value is based upon the latest sale price for the house of £425,000 on 18 Jan 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 |
---|---|
£425,000 | 18 Jan 2023 |
£321,000 | 25 Jan 2019 |
£303,000 | 14 Oct 2016 |
Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 2023 the House Price Index for GREATER MANCHESTER was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £425,000 results in an estimated price of approximately £423,007.
18 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 148.6 | -0.469 % | £425,000 | £-1,992 | £423,007 |
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 | -8.032 % | £-34,135 | £390,864 |
3 Month Average | -3.369 % | £-14,318 | £410,681 |
6 Month Average | -4.225 % | £-17,955 | £407,044 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £527,814 | £520,000 | FLAT 1 6 DOVESTON ROAD |
18 Aug 2023 | £252,206 | £250,000 | APARTMENT 17 MAPLE COURT 145-149 CROSS STREET |
18 Aug 2023 | £171,500 | £170,000 | 10 WINDSOR AVENUE |
26 Jun 2023 | £254,078 | £251,000 | 19 GORDON AVENUE |
2 Jun 2023 | £286,470 | £283,000 | APARTMENT 34 MAPLE COURT, 145 - 149 CROSS STREET |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 23 Jun 2016. Using an estimated price of £423,007 means this house is valued at £5,035 per sq meter (£467 per sq foot).
The average size of a house on GORDON AVENUE is 71 sq meters (765 sq feet).