£317,308
This estimated value is based upon the latest sale price for the house of £257,500 on 9 Nov 2018. 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 |
|---|---|
| £257,500 | 9 Nov 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 90 sq meters or 968 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 November 2018 the House Price Index for GREATER MANCHESTER was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £257,500 results in an estimated price of approximately £317,308.
| 9 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £257,500 | £59,808 | £317,308 |
The Postcode Pricing Model uses changes in average sales price within the M19 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 | 52.248 % | £134,538 | £392,038 |
| 3 Month Average | 9.584 % | £24,678 | £282,178 |
| 6 Month Average | 22.637 % | £58,289 | £315,789 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Sep 2023 | £354,533 | £350,000 | 516 KINGSWAY |
| 30 Aug 2023 | £414,627 | £411,000 | 38 LYNNWOOD ROAD |
| 21 Jul 2023 | £420,662 | £415,000 | 66 LYNNWOOD ROAD |
| 17 Feb 2023 | £277,313 | £277,500 | 42 LYNNWOOD ROAD |
| 26 Jul 2022 | £280,756 | £280,000 | 34 LYNNWOOD ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 24 Aug 2016. Using an estimated price of £317,308 means this house is valued at £3,525 per sq meter (£327 per sq foot).
The average size of a house on LYNNWOOD ROAD is 94 sq meters (1,020 sq feet).