£1,169,531
This estimated value is based upon the latest sale price for the house of £1,150,000 on 2 Mar 2023. 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 |
---|---|
£1,150,000 | 2 Mar 2023 |
£885,000 | 29 Mar 2019 |
£408,000 | 29 Feb 2016 |
Semi-Detached |
Freehold |
Floor Area: 259 sq meters or 2,787 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 March 2023 the House Price Index for GREATER MANCHESTER was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £1,150,000 results in an estimated price of approximately £1,169,531.
2 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £1,150,000 | £19,531 | £1,169,531 |
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 | -36.349 % | £-418,010 | £731,989 |
3 Month Average | 1.393 % | £16,024 | £1,166,024 |
6 Month Average | -1.454 % | £-16,725 | £1,133,274 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £1,311,388 | £1,300,000 | FLAT 1 13 MAPLE AVENUE |
5 Oct 2023 | £639,525 | £625,000 | 10 OAK AVENUE |
2 Mar 2023 | £1,169,531 | £1,150,000 | 6 ZETLAND ROAD |
19 Jul 2022 | £757,591 | £750,000 | 16 CORKLAND ROAD |
24 Jun 2022 | £853,239 | £835,000 | 32 ZETLAND ROAD |
This house has a floor area of 259 sq meters or 2,787 sq feet when measured on 19 Sep 2018. Using an estimated price of £1,169,531 means this house is valued at £4,515 per sq meter (£419 per sq foot).
The average size of a house on ZETLAND ROAD is 109 sq meters (1,178 sq feet).