£672,463
This estimated value is based upon the latest sale price for the house of £455,000 on 13 Feb 2015. 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 |
|---|---|
| £455,000 | 13 Feb 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 February 2015 the House Price Index for GREATER MANCHESTER was 100.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.794%.Applying this 47.794% change to the original purchase price of £455,000 results in an estimated price of approximately £672,463.
| 13 Feb 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 148.6 | 47.794 % | £455,000 | £217,463 | £672,463 |
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 | 132.276 % | £601,856 | £1,056,856 |
| 3 Month Average | 44.729 % | £203,517 | £658,517 |
| 6 Month Average | 70.674 % | £321,568 | £776,568 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £707,377 | £695,000 | 8 EAST MEADE |
| 25 Apr 2023 | £510,497 | £505,000 | 10 HURSTVILLE ROAD |
| 16 Mar 2023 | £676,372 | £670,000 | 18 SOUTH DRIVE |
| 19 Jul 2022 | £541,458 | £540,000 | 2 HURSTVILLE ROAD |
| 4 Mar 2022 | £818,647 | £790,000 | 26 SOUTH DRIVE |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 21 Nov 2012. Using an estimated price of £672,464 means this house is valued at £4,256 per sq meter (£395 per sq foot).
The average size of a house on SOUTH DRIVE is 163 sq meters (1,765 sq feet).