£276,205
This estimated value is based upon the latest sale price for the house of £225,000 on 17 Apr 2020. 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 |
|---|---|
| £225,000 | 17 Apr 2020 |
| £120,000 | 28 May 2009 |
| Terraced |
| Freehold |
| Floor Area: 86 sq meters or 925 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 April 2020 the House Price Index for GREATER MANCHESTER was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £225,000 results in an estimated price of approximately £276,205.
| 17 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £225,000 | £51,205 | £276,205 |
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 | 67.839 % | £152,636 | £377,636 |
| 3 Month Average | -0.679 % | £-1,526 | £223,473 |
| 6 Month Average | 12.339 % | £27,763 | £252,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £208,081 | £205,000 | 3 ERICA DRIVE |
| 25 Aug 2023 | £257,251 | £255,000 | 26 ERICA DRIVE |
| 7 Jul 2023 | £283,820 | £280,000 | 69 LANE END ROAD |
| 4 Jul 2023 | £250,370 | £247,000 | 3 GREENACRES DRIVE |
| 17 Feb 2023 | £244,835 | £245,000 | 2 ERICA DRIVE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 20 Aug 2019. Using an estimated price of £276,205 means this house is valued at £3,211 per sq meter (£298 per sq foot).
The average size of a house on BURNAGE LANE is 97 sq meters (1,050 sq feet).