Full Address

398
ALEXANDRA ROAD SOUTH
MANCHESTER
GREATER MANCHESTER
UNITED KINGDOM
M38 9WH

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Transactions for this house
Price PaidDate
£23,00031 Mar 2000
£14,0004 Sep 1998
House Details
Terraced
Leasehold

House Price Models

Land Registry House Price Index Model

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 March 2000 the House Price Index for GREATER MANCHESTER was 35.7.

The House Price Index as of 1 Dec 2019 is 131.5 which is a change of 268.015%.

Applying this 268.015% change to the original purchase price of £23,000 gives us an estimated price now of around £84,643.

31 Mar 2000 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
35.7 131.5 268.015 % £23,000 £61,643 £84,643

The Postcode Pricing Model uses changes in average sales price within the M38 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 319.608 % £73,509 £96,509
3 Month Average 298.291 % £68,607 £91,607
6 Month Average 277.113 % £63,736 £86,736

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In March 2000 the average sale price for the 50 nearest sales within two miles of 398 was £40,607.

In February 2020 the average sale price for the 50 nearest sales was £116,241. This is a change of 186.260%.

So taking the original purchase price of £23,000 and adjusting it by 186.260% gives an estimated price of £65,839.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 31 Mar 2000 Average price on 27 Feb 2020 % change Purchase Price Gain / Loss Estimated Price
£40,607 £116,241 186.260 % £23,000 £42,839 £65,839
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
27 Sep 2019 £57,580 £57,000 26 CRESTFOLD
16 Aug 2019 £126,653 £125,000 60 CONISTON AVENUE
19 Jul 2019 £116,951 £115,000 1 CORRIE STREET
24 May 2019 £124,638 £120,500 53 MOUNT SKIP LANE
30 Apr 2019 £364,297 £350,000 GALLAGHER HOUSE, 18 SMITHFOLD LANE

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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