£69,563
This estimated value is based upon the latest sale price for the house of £37,000 on 17 Jan 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 |
|---|---|
| £37,000 | 17 Jan 2005 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 January 2005 the House Price Index for GREATER MANCHESTER was 79.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.008%.Applying this 88.008% change to the original purchase price of £37,000 results in an estimated price of approximately £69,563.
| 17 Jan 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 148.6 | 88.008 % | £37,000 | £32,563 | £69,563 |
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 | 209.918 % | £77,669 | £114,669 |
| 3 Month Average | 117.116 % | £43,333 | £80,333 |
| 6 Month Average | 126.495 % | £46,803 | £83,803 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £256,242 | £254,000 | 1 AVON ROAD |
| 13 Mar 2023 | £232,188 | £230,000 | 227 BURNAGE LANE |
| 18 May 2022 | £191,610 | £188,000 | 16 ARBOR DRIVE |
| 1 Dec 2021 | £283,915 | £265,000 | 20 AVON ROAD |
| 11 Oct 2021 | £157,120 | £142,000 | 146A BURNAGE LANE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 12 Apr 2016. Using an estimated price of £69,563 means this house is valued at £1,022 per sq meter (£95 per sq foot).
The average size of a house on AVON ROAD is 89 sq meters (966 sq feet).