£898,627
This estimated value is based upon the latest sale price for the house of £495,000 on 23 Dec 2005. 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 |
---|---|
£495,000 | 23 Dec 2005 |
£425,000 | 8 Sep 2004 |
£295,000 | 2 Jul 2002 |
£165,000 | 28 Jan 2000 |
£170,000 | 11 Oct 1999 |
Detached |
Freehold |
Floor Area: 455 sq meters or 4,897 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 2005 the House Price Index for GREATER MANCHESTER was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £495,000 results in an estimated price of approximately £898,627.
23 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.5 | 149.7 | 81.541 % | £495,000 | £403,627 | £898,627 |
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 | 65.244 % | £322,958 | £817,958 |
3 Month Average | 119.442 % | £591,236 | £1,086,236 |
6 Month Average | 106.041 % | £524,902 | £1,019,902 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £314,837 | £310,000 | FLAT 4 400 WILBRAHAM ROAD |
7 Mar 2024 | £4,001,409 | £3,939,931 | FLAT 1 392 WILBRAHAM ROAD |
1 Sep 2023 | £920,287 | £900,000 | 398 WILBRAHAM ROAD |
11 Aug 2023 | £285,143 | £280,000 | FLAT 1 400 WILBRAHAM ROAD |
8 Feb 2023 | £996,658 | £990,000 | 2 CHANDOS ROAD SOUTH |
This house has a floor area of 455 sq meters or 4,897 sq feet when measured on 24 Jul 2018. Using an estimated price of £898,627 means this house is valued at £1,975 per sq meter (£183 per sq foot).
The average size of a house on WILBRAHAM ROAD is 102 sq meters (1,098 sq feet).