£1,285,542
This estimated value is based upon the latest sale price for the house of £545,000 on 3 Jun 2003. 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 |
---|---|
£545,000 | 3 Jun 2003 |
Detached |
Freehold |
Floor Area: 299 sq meters or 3,218 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 June 2003 the House Price Index for GREATER MANCHESTER was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £545,000 results in an estimated price of approximately £1,285,542.
3 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
63.0 | 148.6 | 135.879 % | £545,000 | £740,542 | £1,285,542 |
The Postcode Pricing Model uses changes in average sales price within the M20 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 | 109.406 % | £596,263 | £1,141,263 |
3 Month Average | 128.595 % | £700,844 | £1,245,844 |
6 Month Average | 134.120 % | £730,953 | £1,275,953 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £727,733 | £715,000 | 12 DENE PARK |
19 Dec 2023 | £501,780 | £493,000 | 2 DENE PARK |
17 Aug 2023 | £602,773 | £597,500 | 22 WESTMORLAND ROAD |
6 Apr 2023 | £657,075 | £650,000 | FLAT 2 DENE MANOR DENE PARK |
15 Nov 2022 | £150,181 | £152,000 | 41 BAMFORD ROAD |
This house has a floor area of 299 sq meters or 3,218 sq feet when measured on 22 Jun 2012. Using an estimated price of £1,285,542 means this house is valued at £4,299 per sq meter (£399 per sq foot).
The average size of a house on SANDIWAY DRIVE is 378 sq meters (4,074 sq feet).
This house is the largest in the street with a floor area of 299 sq meters (3,218 sq feet).