£203,314
This estimated value is based upon the latest sale price for the house of £158,000 on 19 May 2017. 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 |
|---|---|
| £158,000 | 19 May 2017 |
| £72,000 | 11 Oct 2004 |
| £53,500 | 19 Jan 2004 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 May 2017 the House Price Index for GREATER MANCHESTER was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £158,000 results in an estimated price of approximately £203,314.
| 19 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £158,000 | £45,314 | £203,314 |
The Postcode Pricing Model uses changes in average sales price within the M5 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 | 86.780 % | £137,112 | £295,112 |
| 3 Month Average | 63.752 % | £100,728 | £258,728 |
| 6 Month Average | 30.853 % | £48,747 | £206,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Apr 2022 | £175,066 | £170,000 | APARTMENT 216 ENDEAVOUR HOUSE, 1B ELMIRA WAY |
| 21 Oct 2021 | £179,249 | £162,000 | APARTMENT 333 SPINNER HOUSE, 1A ELMIRA WAY |
| 25 Nov 2020 | £168,106 | £145,000 | APARTMENT 204 ENDEAVOUR HOUSE, 1B ELMIRA WAY |
| 25 Jul 2019 | £215,841 | £175,000 | 5 CLARKE AVENUE |
| 12 Apr 2019 | £197,869 | £160,000 | APARTMENT 235 ENDEAVOUR HOUSE, 1B ELMIRA WAY |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 19 Mar 2013. Using an estimated price of £203,315 means this house is valued at £2,710 per sq meter (£251 per sq foot).
The average size of a house on CRAVEN DRIVE is 91 sq meters (981 sq feet).